Apple (AAPL) to Oust Nokia (NOK) for Top Smartphone Shipment Spot in FY11
Tweet Send to a Friend
Get Alerts AAPL Hot Sheet
Price: $445.15 +0.68%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +11.2%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +11.2%
Trade AAPL Now!
How do you say "so long!" in Finnish? Näkemiin? Hyvää yötä?
Any way you put it, Apple (Nasdaq: AAPL) might mutter those exact words sometime in 2011, as it shoots past Nokia (NYSE: NOK) as leader in global smartphone shipments.
Data from Digitimes suggests the two OEM giants switching places by the end of 2011, with Apple's iPhone shipments expected to grow 82 percent to 86.4 million units, while Nokia might drop 25.6 percent to 74.4 million units shipped in the year.
Digitimes estimates overall smartphone shipments will increase 60 percent to 462 million units worldwide for 2011. The top-five vendors - Apple, Nokia, Samsung, Research In Motion (Nasdaq: RIMM) and HTC - will make up about 72 percent of total units shipped. Nokia is the only OEM in the top five to see a decline in shipments. Even RIM will see 12.8 percent growth.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Any way you put it, Apple (Nasdaq: AAPL) might mutter those exact words sometime in 2011, as it shoots past Nokia (NYSE: NOK) as leader in global smartphone shipments.
Data from Digitimes suggests the two OEM giants switching places by the end of 2011, with Apple's iPhone shipments expected to grow 82 percent to 86.4 million units, while Nokia might drop 25.6 percent to 74.4 million units shipped in the year.
Digitimes estimates overall smartphone shipments will increase 60 percent to 462 million units worldwide for 2011. The top-five vendors - Apple, Nokia, Samsung, Research In Motion (Nasdaq: RIMM) and HTC - will make up about 72 percent of total units shipped. Nokia is the only OEM in the top five to see a decline in shipments. Even RIM will see 12.8 percent growth.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Intuitive Surgical (ISRG) Jury Reaches Positive Verdict in Robot Case; Shares Rise
- Like Microsoft (MSFT) Xbox 360 Games? Don't Buy an Xbox One...
- Acacia Research (ACTG) Enters Settlement with Red Hat (RHT)
Create E-mail Alert Related Categories
Corporate News, Insiders' Blog
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
