Nokia lost its crown as the largest smartphone manufacturer in the world to its rival Apple, as reported by the Financial Times. The rapid growth of Apple paired with Nokia’s drop in shipments allowed the Cupertino-based company to turn a 5.5 million deficit during the first quarter of 2011 into a 3.6 million lead in the second quarter.
According to the Financial Times, “Shipments of Nokia smartphones declined by 34 percent to 16.7 million units, compared with the 20.3 million iPhones shipped by Apple in its second quarter. Apple was already the biggest smartphone maker by revenue and profits, but the April-June period marked the first time it had surpassed Nokia in volume.”
Apple has been rapidly climbing the charts of top smartphone companies while longtime leaders Research In Motion and Nokia fades. In the third quarter of 2010, Apple has moved past Research In Motion in global smartphone shipments. It closed the gap on Nokia and finally claimed the top spot this quarter.
Some people think that Apple needs to diversify the range of its iPhones and release a low cost pre-paid iPhones.
Daniel Ashdown, a research analyst at Juniper Research, thinks otherwise, saying “Given Apple’s latest results (their Q3), there doesn’t appear to be a need to diversify its product range. Apple has shipped 69 million iPhones in last four quarters (since the iPhone 4 was launched), compared to 60 million in the thirteen before that. There have been rumors of the next model being an iPhone ‘Nano’ but, given the previous models have stuck with a screen size of 3.5″, and its competitors largest devices are up to 4.3″, I wouldn’t be surprised if they went big rather than small.”
Apple is still competing with Android-based smartphones, but given the number of Android phone manufacturers, no single company has been able to get close to Apple’s shipment volumes.
via: Geeky Gadgets