Nokia's (NOK Quote) dominance in the smartphone market is being challenged by rivals Research In Motion (RIM Quote) and Apple (AAPL Quote), according to research released Thursday by technology analyst firm Gartner.
With smartphone growth slowing dramatically, RIM and Apple are using their latest touch-screen devices to chip away at Nokia's market share.
Although smartphone shipments in the third quarter of 2008 grew more than 11% compared to the same period last year, this was the lowest growth rate since Gartner began tracking the industry in 2004.
"The current economic climate is negatively impacting the sales of higher-end devices," said Roberta Cozza, principal analyst at Gartner, in a statement. "Going forward, we should expect the smartphone market to grow, but at a slower pace." ...
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