Apple grabs 17% of smartphone market in latest quarter
- Thursday, 12 November 2009 19:08
Even as overall sales for mobile phones remained flat for the third quarter, smartphone sales continue to show double digit growth—as they have ever since the market was redefined by Apple's iPhone. Apple's share of the market continues to climb and is edging close to rival RIM, while market leader Nokia continues its slow decline according to the latest data from market research firm Gartner.
"Smartphones continued to represent the fastest-growing segment of the mobile-devices market and we remain confident about the potential for smartphones in the fourth quarter of 2009 and in 2010," said Gartner research director Carolina Milanesi in a statement. "Given the higher margins, smartphones offer the biggest opportunity for manufacturers. It is the fastest-growing market segment and the most resistant to declining [average selling prices]."
