Apple jumped to the top of the global smartphone sales ranking in the second quarter, ending Nokias15-year run as the lead smartphone vendor, according to new research from Strategy Analytics. Apple sold a record 20.3 million iPhones during the quarter, which amounts to about a fifth of the global smartphone market. Impressive considering its iPhone 4 model was released more than a year ago. Samsung also surpassed Nokia to claim second spot, with 17.5 percent of market share. Nokia fell to third place as its market share tumbled to 15.2 from 38.1 percent a year ago.
As if Apples new royalty status isnt enough, the gadget maker can also lay claim to being the most profitable in the smartphone business. According to a chart on Business Insider, Apple
pulled in two-thirds of all profits in the mobile phone sector last quarter. Thats twice as much as Samsung, RIM and HTC combined.
