Reuters reports that a new study from research firm Strategy Analytics is showing that Apple is now the world's largest mobile phone manufacturer as measured by revenue, outpacing Nokia for the first time ever in the January-March quarter.
Apple Inc (AAPL.O) became the world's largest phone vendor by revenue in January-March, overtaking Nokia Oyj (NOK1V.HE) for the first time ever, research firm Strategy Analytics said on Thursday. "With strong volumes and high wholesale prices, the PC vendor has successfully captured revenue leadership of the total handset market in less than four years," said analyst Alex Spektor.
According to the report, Apple's iPhone revenue of $11.9 billion last quarter easily topped Nokia's phone revenue of $9.4 billion.
Apple has long led the mobile phone industry in profits, now raking in half of the industry's total profits. But Apple's ascendance to the top of the list for revenue in addition to profits demonstrates that the company's strong growth in the smartphone market is continuing.
Top Rated Comments
I can imagine how he bangs his own head against a wall every time he watches or remembers this interview.
Ballmer's arguments were accurate when thinking inside the box. Sure, it was a $500 phone with no keyboard, barely any multi-tasking, etc.
I used to think the same back then, as I was comparing to the commonly existent products at that time.
Now after all these years, everyone wants to make a phone and OS similar to the iPhone. Most new smart phones don't have a keyboard, and have their main interface look similar to the one on the iPhone.
In the beginning everyone wanted a Motorola phone because the name brand was well known; Nokia had to overcome that concept, at least here in the US. after that, Nokia has been #1 for decades mainly in Europe and Asia. Great quality phones, but still just phones. Same old, same old phone style.
Jobs thinks outside the box, and his ability to innovate allowed him to break the common denominators that outline the typical mobile phone.
If it wasn't for Apple, we would still be carrying crappy and bulky phones with either Symbian or the slow WinMo.
So this is why Apple now deserves to be #1.
I'm daring to say that the impact the iPhone caused in people's lives also made the Mac more attractive to them.
Believe it or not, I still don't have an iPhone, but several of my friends do. Several of them even told me that the iPhone changed their lives ( ? ). Some were Mac haterz, but now own more than one Mac. :D
Steve Ballmer: Right now, Windows is selling million and millions and millions of phones a year. Apple is selling 0 phones a year. (//www.youtube.com/watch?v=eywi0h_Y5_U)
Where have you been the last 4 years?
Ginormous and Incredibly humongous IF you put out there.
Right -- instead of being a blow-hard, laughing at Apple, he should've been getting his strategy in order. We're just getting Windows Phone 7 and the iPhone has been out since June 2007 4 years?! Amazing. And you say he shouldn't have heat on him? Sorry, but that's just crazy.
MS is losing ground daily. They better wake up soon.