Smartphone shipments surged 50 percent in January through March versus a year ago, notching up the strongest growth in the last three years with Apple Inc and Nokia Oyj taking market share, a survey showed.
Strategy Analytics (SA) said on Friday some 54 million smartphones -- handsets with computer-like functionality -- were shipped in the quarter, comprising 18 percent of the total handset market.
SA said iPhone maker Apple's market share leapt to 16.4 percent from 10.6 percent a year ago, while market leader Nokia raised its share to 40 percent from 38.2 percent. Blackberry maker RIM slipped to 19.7 percent from 20.3 percent.
I wonder if there is any correlation to phone carrier contracts being "up" and during this time new smart phones can be purchased at a lower rate if eligible. Because in today's world, if you are going to get a new cellphone, odds are it's going to be a smartphone.