Apple shipped 106.5 million smartphones in the second quarter, claiming a 19.1% share. Samsung followed in second place at 16.2% share, then Nokia in third place at 15.7%, and RIM next with 11.6%. The slow decline of Nokia ended up with the Finnish company handing the smartphone crown to Apple for the first time.
Nokia still holds the record for the most units shipped in one quarter at 28.1 million, whereas Apple shipped 20.3 million in Q2. However, those Nokia numbers are not all based on smartphones, but their total line.
The IDC report said the smartphone market as a whole grew 65.4% compared to the year ago quarter, in line with their forecast of 67.3%. Apple received a boost from its distribution network of 200 carriers in over 200 countries, along with their manufacturing capacity and demand from both consumer and business markets.
What can we conclude from all of this? Apple is running full steam ahead, and they are only $16 billion dollars shy of overtaking Exxon Mobil as the world’s most valuable company, by market cap. Just two months ago, the gap was at $50 billion.