Apple expands its market share to close the gap against the top smartphone maker Nokia in 1st Quarter 2011
Market Share Report for SmartPhone Sales in 1st quarter 2011
From the report, it is noted that Nokia still maintains its lead as the gloabal smartphone maker in the first quarter 2011 with 24.2 million smartphone shipped during the quarter. Comparing year on year, Nokia has in fact lost market share to second-place Apple. Nokia’s market share has dropped to 24.2% compared to 38.8% last year. Nokia has shipped only 12.6% more units compared to last year.
This is a small percentage increase compared to Apple who is chasing them very closely from behind. Apple has in fact done very well with in 1st quarter 2011 with a total shipment of 18.7 million units. This is a whopping increase of more than 100% compared to last year’s shipment of 8.7 million units. This is also Apple’s record number of units shipped in a single quarter to date. Apple’s sterling results and solid number of units shipped was mainly contributed by its triple digit growth in China as well as the launch of iPhone by Verizon.
With this report, it goes to show that the smartphone market is undergoing a rapid growth with most providers registering some very solid numbers. So, if you are not growing quickly enough, you will in fact lose market share which is the case for Nokia and Research In Motion(the maker of Blackberry devices).
Another notable observation is that, both Samsung and HTC have also turned in some very strong shipment numbers in this quarter with a growth of 350% and 229.6% respectively. This also goes to show that Android based phones are quickly gaining popularity as well.



