Friday, February 4, 2011

Iphone Controls Over 40% of Smartphone Sales

By climbthenet.com

Apple is continuing to grow in the smartphone world. According to Mike Walkley and analyst for Canaccord Genuity, Apple now maintains over forty one percent of smartphone profits across the market. Apple only had about thirty one percent of the market in 2009.
Even thought Apple has such a stronghold in the U.S. they only account for a little less than four percent in the global smart phone market.
Apple still has to keep their guard up because Nokia’s CEO Stephen Elop recently stated that they are coming up with a new smartphone strategy to hopefully generate a large share of the smartphone market. Many believe that Nokia will adopt the Google Android or the Windows 7 system for their new smartphones.
According to Mike Walkley Apple is in a great position in this market due to the iphone 4 and Verizon partnership and the upcoming 5th generation iphone and is considered a great buy.

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