Android Puts HTC on the Map
While overall mobile phone sales remained flat compared with year-ago levels, the smartphone segment of the market is still hot, logging a 12% annual gain, according to Gartner.
And the trends within the smartphone sector continue to show more of the big shift from stalwarts like Nokia (NOK) and Motorola (MOT) to a quickly rising cohort of HTC, Apple (AAPL) and Research In Motion (RIMM).
The shift is a familiar one for Nokia, which has been helpless in its attempts to defend its top spot against the popular iPhone, the expanding consumer appeal of BlackBerrys, and now the rise of Android-powered Google phones.Nokia saw modest 4% growth in the past year. But that lagged behind the industry's 12% growth rate, causing the Finnish phone giant to lose 3 percentage points of its share of the market.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV