According to recent estimates,
Apple’s share of the smartphone market took a big hit in the first quarter this year. Market research firm Strategy Analytics estimates that the 37.4 million
iPhones Apple sold last quarter were good for
17.9% of the global smartphone market, down from the 22.8% of the market Apple controlled in the same quarter last year. With no savior expected until September at the earliest — CEO Tim Cook recently said
Apple is working on new products that will launch beginning this fall — Apple stands to continue losing market share until the
iPhone 5S, and perhaps
a new low-end iPhone as well, launch later this year.
Continue reading…
