Apple jumped to the top of the global smartphone sales rankings in the second quarter, ending Nokia’s 15-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.
PayPal is once again caught in the crosshairs of prominent hacker collectives Anonymous and LulzSec. The two groups released a joint statement on document-sharing website Pastebin on Wednesday urging their supporters who use the eBay-owned online payment service to close down their accounts in protest at the site’s continued refusal to process donations to whistleblower site WikiLeaks.
Apple shares neared a record $400, a day after the world’s most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades. Apple’s climb brought the maker of the iPhone and iPad within shouting distance of Exxon Mobil’s market value of more than $400 billion despite the oil and gas producer raking in more than four times Apple’s annual revenue.
Apple plans to launch a new iPhone with a faster chip for data processing and a more advanced camera in September, Bloomberg said. The new iPhone will include the A5 processor along with an 8-megapixel camera, the report said, quoting two people familiar with the plans. Apple is also testing a new version of the iPad that has a higher resolution screen, the report said, adding a cheaper version of the iPhone aimed at developing countries is also in the works.
Brand owners will soon be able to operate their own parts of the Web — such as .apple, .coke or .marlboro — if the biggest shake-up yet in how Internet domains are awarded is approved.
Samsung will become the world’s largest smartphone maker this quarter followed by Apple, overtaking struggling Nokia which has lead the market since 1996, Nomura said. Research firms Gartner and Canalys both said they saw Nokia — which created the smartphone market with its 1996 launch of the Communicator model — losing smartphone volume leadership later this year.
Google took the wraps off two Chromebook laptop PCs after nearly two years of delays and touts of its Chrome operating system as an alternative to Microsoft Windows. Samsung and Acer laptops using Chrome OS will go on sale June 15, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. As with Android, Chrome software will be free, but is expected to spur people to use the Internet more often and search for more things, potentially boosting Google’s Internet ads business.
Research in Motion shares tanked to their lowest level since October after the BlackBerry maker slashed its sales and earnings forecasts Thursday, an unexpected blow that followed an anemic forecast in late March and last week’s troubled launch of its PlayBook tablet. “We’ve heard for too long about RIM’s great product roadmap. Consumers are not listening nor waiting,” National Bank analysts said in a note. “RIM does not even seem to have dual cameras on its upcoming BlackBerry product line-up. The last time we checked, video is the future.” All hope seems to rest on what the Canadian company pulls out of its labs and onto center stage at BlackBerry World, starting Monday, where the company will unveil a new generation of touchscreen BlackBerrys.
Apple sued rival Samsung Electronics claiming that Samsung’s Galaxy line of mobile phones and tablet “slavishly” copies the iPhone and iPad, according to court papers. The lawsuit, filed on Friday, alleges Samsung copied the look, product design and product user interface of Apple’s products. Samsung violated Apple’s patents and trademarks, the suit alleges.
Growing demand for phones running on Google’s Android platform will help the smartphone market grow in 2011, boosting companies like HTC and Samsung who are betting on the platform, analysts said.