Apple’s share of the cell phone market hit a new high in the first quarter of this year, a new report shows.
Apple was responsible for 8.8% of all cell phone shipments worldwide in the first quarter of 2012, up from 4.6% of the market during the same quarter last year, according to new data from the global market research firm IDC.
The company’s strong iPhone sales helped catapult it past LG to become the third largest seller of mobile phones worldwide, behind Samsung and Nokia, respectively. Indeed, Nokia’s share of the market has plummeted in the past year, which could give Apple an opportunity to climb into the top two eventually.
It’s obvious, but we need to point this out: Apple ONLY makes the iPhone. Not some crappy feature phones it can sell all over the world. The bottom line for Apple: It still has a lot of room for growth.
Its main rival, Samsung did very well, too. It overtook Nokia to become the world’s biggest handset seller. Its overall growth was 35.4% compared to Apple’s 88.4%.
Here’s IDC’s breakdown of how many phones each of the top vendors sold in the first quarter of this year compared to the same period in 2011: