When Doesn't Apple (AAPL) Like It on Top
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All Things Digital confirms that Apple (Nasdaq: AAPL) is now the leading provider and distributor of smartphones as they sold 20.3 million, a 142 percent increase year-over-year, over the last quarter.
Apple now controls 18.5 percent of the smart phone market with its phone to be offered on both Verizon (NYSE: VZ) and AT&T (NYSE: T). The former leader in the industry was Nokia (NYSE: NOK) who currently has 15.2 percent of the market share after losing more than half of it since last year.
The company's share in the total handset market has also more than doubled since last year to 5.6 percent from 2.6 percent. This places the company fourth in the world behind Nokia, Samsung, and LG (NYSE: LPL) who all make multiple phones were Apple just makes the iPhone.
Apple now controls 18.5 percent of the smart phone market with its phone to be offered on both Verizon (NYSE: VZ) and AT&T (NYSE: T). The former leader in the industry was Nokia (NYSE: NOK) who currently has 15.2 percent of the market share after losing more than half of it since last year.
The company's share in the total handset market has also more than doubled since last year to 5.6 percent from 2.6 percent. This places the company fourth in the world behind Nokia, Samsung, and LG (NYSE: LPL) who all make multiple phones were Apple just makes the iPhone.
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