Global Smartphone Market Soared 50 Percent Over Past Year

The global smartphone market saw its best quarter for the first time in almost three years, according to Strategy Analytics, a research firm.

It found that global smartphone shipments jumped by a gigantic 50 percent to 54 million in Q1 from 36 million in the year-ago period. Smartphones accounted for 18 percent of all smartphones shipped. Nokia (NYSE: NOK) shipped a record 21.5 million smartphones to have a leading market share of 40 percent. RIM (NSDQ: RIMM) shipped the second-most handsets to beat Apple (NSDQ: AAPL). The BlackBerry-maker’s market share stands at 20 percent, ...

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