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Apple Takes Smartphone Crown From Nokia

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We learned a lot at Apple’s 2011 Q3 Earnings call, and today Financial Times reports that the Apple has surpassed Nokia as the world’s biggest smartphone producer by volume. Some numbers:

The troubled Finnish mobile phone maker made a net loss of €368m ($524m) during the three-month period as revenues declined 7 per cent to €9.3bn.

Shipments of Nokia smartphones declined by 34 per cent to 16.7m units, compared with the 20.3m iPhones shipped by Apple in its second quarter.

Apple was already the leader in smartphone sales based on revenue and profits. Google claims that there are more Android devices over iOS, but there are multiple Android manufacturers.

If you want to see the interim report from Nokia you can find it here.

[Financial Times via MacRumors]

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  • Crazy how Apple achieved this with just 4 iPhone models. Bravo! *golf clap*

  • Crazy how Apple achieved this with just 4 iPhone models. Bravo! *golf clap*

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