Apple (AAPL) Surges Past RIM (RIMM) in Smartphone War
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Price: $332.27 +1.75%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
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Apple Inc. (NASDAQ: AAPL) beat Research in Motion Ltd. (NASDAQ: RIMM) in sales of smartphones during the third quarter to reach second place in the global market.
Apple is still far from passing leader Nokia Corp. (NYSE: NOK), but according to research from Strategy Analytics the iPhone maker could push tot he top in the near future.
The firm stated that, "RIM continues to be hampered by a limited presence in the high-growth touch screen segment and consequently its global smart phone market share has edged down from 20 percent to 16 percent during the past 12 months.”
Apple is still far from passing leader Nokia Corp. (NYSE: NOK), but according to research from Strategy Analytics the iPhone maker could push tot he top in the near future.
The firm stated that, "RIM continues to be hampered by a limited presence in the high-growth touch screen segment and consequently its global smart phone market share has edged down from 20 percent to 16 percent during the past 12 months.”
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