The iPhone Triumphs Over All, Apple Beats Nokia for the First Time, Apple tops phone chart as Nokia, Samsung step up

The world's two largest cellphone makers, Nokia and Samsung Electronics, unveiled on Tuesday their latest rivals to the iPhone as Apple became the top profit generator in the handset industry.

Apple Inc overtook Nokia in the September quarter as the cellphone maker generating the highest total operating profit in the industry, research firm Strategy Analytics said.

Nokia said on Tuesday it had started deliveries of its top- of-the-range N900, while Samsung Electronics Co Ltd announced it would launch its own open mobile platform, bada, in December as it tries to make up for a late start in the smartphone market.

Nokia and Samsung together sell around 60 percent of all cellphones globally, but they have lost some ground to Apple and Research In Motion Ltd, maker of the Blackberry.

"Samsung's announcement of bada shows it has also identified the same requirement. The big question is, does the mobile phone world need yet another operating system?"

While Nokia has lost ground in the smartphone business, it is still the world's largest smartphone maker by volume. Samsung's volumes are well behind Apple, RIM and HTC Corp.
But measured by profits, Nokia lost in the third quarter against Apple, which entered the cellphone market only in mid-2007.

"With strong volumes, high wholesale prices and tight cost controls, the PC vendor has successfully broken into the mobile phone market in just two years," said Alex Spektor, an analyst at Strategy Analytics.

Apple sold 7.4 million iPhones during the July-September quarter, generating sales of $4.5 billion. Nokia sold 108.5 million phones in total in the same quarter, generating sales of 6.9 billion euros ($10.36 billion), but its profits were hurt by the economic downturn.
Worries over smartphone boom

Global sales of mobile handsets will snap a four-quarter losing streak in the last three months of the year as the industry is buoyed by economic recovery, a Reuters poll of analysts showed on Tuesday.

Continue reading here http://www.abs-cbnnews.com/technology/11/11/09/apple-tops-phone-chart-nokia-samsung-step

Apple Surpasses Nokia as Top Cellphone Maker by Profits
http://www.cnbc.com/id/33842606

The iPhone Triumphs Over All, Apple Beats Nokia for the First Time
http://www.smartmoney.com/investing/stocks/market-update-wednesday-nov-11-2009-20124/?cid=1108

Apple's iPhone Triumphs Over All Handsets
http://www.smartmoney.com/investing/stocks/apple-iphone-triumphs-over-all/?cid=1108

Tags: 
The iPhone Triumphs Over All, Apple Beats Nokia for the First Time, Apple Surpasses Nokia as Top Cellphone Maker by Profits, Nokia and Samsung Electronics, unveiled on Tuesday their latest rivals to the iPhone, iphone, 

0 comments:

Post a Comment