Apple Continues to Close on Nokia for Title of World's Top Smartphone Vendor

Apple continues to hold second place among the world's top smartphone manufacturers with 18.7% market behind Nokia, with unit sales up 114% year-over-year. Although market-leader Nokia's smartphone share declines, Apple’s share is rising by three percentage from the year-ago quarter.

Apple reached a new record shipment volume in a single quarter, and inched closer to market leader Nokia with fewer than six million units separating the two companies. The company posted market-beating year-over-year growth and recorded triple-digit growth in two key markets: the United States, with the release of its CDMA-enabled iPhone, and Greater China. Additionally, the company enlisted South Korean Telecom and Saudi Telecom as carrier providers of the iPhone.