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Apple Leaves Nokia In Mobile Dust

Remember the early days of mobile when the iPhone made up just a sliver of the Nokia-ruled market? Well, fast-forward four years, and Apple is now officially selling more iPhone's per quarter than Nokia's entire smartphone range. That's right, the Finnish phone-maker sold just 16.7 million smartphones in the second quarter of the year, compared to 20.3 million iPhones sold by Apple, according to earnings reports released by both companies this week.

More remarkable still, "It means that Apple made almost four times the revenue from iPhones ($13.3bn) as Nokia did from smartphones (€2.4bn/$3.4bn)," The Next Web notes. Nokia is now ranked as the third largest smartphone provider, behind Apple and Samsung. "The Finnish vendor will be troubled by its latest figures, especially after holding the global lead in smartphone sales for 15 years," The Next Web adds. Meanwhile, "With the Korean-based vendor due to announce its financials later this week analysts have estimated that the company will have sold 19.5 million smartphones in the same period."

Read the whole story at The Next Web »

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