Apple leaps over Nokia to become top cellphone manufacturer by revenue worldwide

19comments
Apple leaps over Nokia to become top cellphone manufacturer by revenue worldwide
Reuters is reporting that research firm Strategy Analytics has taken the numbers from Apple's recently reported second quarter and has computed that based on revenue, Apple has overtaken Nokia to become the world's largest cellphone company. Analyst Alex Spektor said, "With strong volumes and high wholesale prices, the PCvendor has successfully captured revenue leadership of the totalhandset market in less than four years."

Apple scored $11.9 billion in iPhone revenue during its last three month period. That surpassed the $9.4 billion in phone revenue that the Finnish based Nokia brought in during its last quarter. Had researchers used profits instead of revenue, Apple would have surpassed Nokia many quarters ago.

source: Reuters via RedmondPie

Grab Surfshark VPN now at more than 50% off and with 3 extra months for free!

Secure your connection now at a bargain price!


We may earn a commission if you make a purchase

Check Out The Offer
Did you enjoy this article?
Еxplore more with a FREE members account.
  • Access members-only articles
  • Join community discussions
  • Share your own device reviews
  • Manage your newsletter choices
Register For Free
Loading Comments...

Latest Discussions

by Doug Fresh 123 • 5

Recommended Stories

FCC OKs Cingular\'s purchase of AT&T Wireless