Sunday, July 31, 2011

It's Official: Apple Ousts Nokia as the World's Largest Smartphone Vendor

It's Official: Apple Ousts Nokia as the World's Largest Smartphone Vendor: "

IDC and Strategy Analytics today officially confirmed what was unofficially revealed last week: Apple has ousted Nokia as the largest smartphone maker in the world. The company sold 20.3 million iPhones last quarter, up 142 percent from the same quarter a year earlier, and according to Strategy Analytics that gives it an 18.5 percent share of the worldwide smartphone market — greater than Nokia’s 15.2 percent share, which has fallen by more than half since last year.


Meanwhile, in a separate report, IDC noted that Apple’s share of the overall handset market more than doubled in the second quarter, rising to 5.6 percent from 2.6 percent a year earlier. That makes it the world’s fourth-largest manufacturer of all mobile phones after Nokia, Samsung and LG. “[Apple] easily posted the highest growth rate of the worldwide leaders despite the fact that its flagship iPhone 4 is now more than a year old,” IDC noted. “[The company's] ability to bring its smartphone momentum to developing economies, where it’s less successful, will help dictate the company’s smartphone fortunes in future.”


And those fortunes look quite promising, given Apple’s achievements to date. After all, the company has managed to become the fourth-largest handset vendor in the world and its largest seller of smartphones in just four years, with essentially one phone.


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