Nokia reported today that their smartphone business saw strong growth, shipping 21.5 million units in the Q1 2010, a 57 percent jump year-on-year.
That number is expected to give Nokia a 41 percent share of the global smartphone market.
Overall mobile phone shipments grew 16 percent to 107.8 million which helped Nokia boost its quarterly profit 60 percent year-on-year.
Apple, on the other hand, saw 131 percent growth in the quarter, thanks to strong sales in China of the iPhone.
Nokia says the entire smartphone industry will continue to grow 10 percent in 2010, but the company says its share of the market will remain flat. Says CEO Olli-Pekka Kallasvuo: Nokia faces "tough competition with respect to the high end of our mobile device portfolio."
The smartphone maker's new operating system, Symbian^3, has been delayed until the summer.
Overall mobile phone shipments grew 16 percent to 107.8 million which helped Nokia boost its quarterly profit 60 percent year-on-year.
Apple, on the other hand, saw 131 percent growth in the quarter, thanks to strong sales in China of the iPhone.
Nokia says the entire smartphone industry will continue to grow 10 percent in 2010, but the company says its share of the market will remain flat. Says CEO Olli-Pekka Kallasvuo: Nokia faces "tough competition with respect to the high end of our mobile device portfolio."
The smartphone maker's new operating system, Symbian^3, has been delayed until the summer.
