Apple Doubles Mobile-Phone Market Share, Nokia Slumps, IDC Says
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Apple Inc. more than doubled its share of the global handset market last quarter as the iPhone maker posted record shipments, while Nokia Oyj’s lead in the industry shrank amid a sales slump, research company IDC said.
Apple increased its market share to 5.6 percent in the second quarter, from 2.6 percent a year earlier, IDC said in an e-mailed statement today. Nokia, Samsung Electronics Co. and LG Electronics Inc., the three biggest vendors, all lost market share, making Apple the only one of the top-four to post a gain, according to the Framingham, Massachusetts-based researcher.