Friday, February 11, 2011

Nokia at the crossroads: Blazing platforms | The Economist

The charts below highlight the real issue for Nokia – and all other Apple competitors

This changed with the emergence of smartphones, in particular Apple’s iPhone, which appeared in 2007. Nokia still ships a third of all handsets, but Apple astonishingly pulls in more than half of the profits, despite having a market share of barely 4% (see charts, below). More Americans now have smartphones than Europeans. As for standards, Verizon, America’s biggest mobile operator, is leading the world in implementing the next wireless technology, called LTE.

Nokia at the crossroads: Blazing platforms | The Economist

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