Major Corporate Battles in History
By siliconindia   |   Friday, 26 August 2011, 00:55 IST   |    3 Comments
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Apple v/s Nokia:
Apple was 16 percent in 2010
In the fourth quarter of 2007, Nokia was leading the phone market with about 50 percent of worldwide market share. The RIM based Blackberry was far behind it with 10 percent and Apple was just 5.2 percent.
Nokia was leading the phone market
The year 2010 was a major breakthrough for Apple and they slowly made it over to the top. The market share of Apple was 16 percent in 2010 which was half of that of Nokia's 28 percent. With Steve Jobs's innovative ideas, the company released some amazing products which brought them into the lead. As of the second quarter of 2011, according to IDC, the company had 19.1 percent market share with an annual growth rate of 141 percent. Nokia, which has moved into third behind Samsung, had a 15.7 percent share, with a growth rate of -30.7 percent.