Friday, April 29, 2011

Apple, iPhone Market Share Doubles

Numbers for the mobile phone market were released by IDC this morning and show that the market grew by nearly 20% year-to-year in the 1st quarter of 2011. They report that worldwide smartphone growth was especially fast in the Asia/Pacific region, Middle East, Africa, and Latin America. They have stated that 371.8 million units were shipped in 2011Q1 as compared to 310.5 million in the 2010Q1.

Nokia continues to hold the top spot as the world’s largest mobile handset maker (now teamed up with Microsoft), although their market share dropped over 5% as compared to last year. Apple is maintaining the fourth spot and posted the highest growth rate among the top 5, now with over 5% of the market share and 114.9% increase from last year.

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