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Nokia loses market share - Android gains big

Year-over-year numbers from the first Quarter of 2010 show big gains for Android and iPhone at the expense of Nokia and Windows. Worldwide, 54 million smart phones were sold which accounted for about 17% of the global cell phone market. While Symbian (Nokia) still leads 2010 worldwide sales and actually sold 8 million more smart phones than last year, they saw their market share drop from 48% to 44%. As expected, Android is the platform to watch. We expect bigger gains in Q2 of 2010 for Android as 8 manufacturers are pushing Android versus 1 for Apple. Q3 may be a different story as Apple is expected to release OS 4.0 in June/July of 2010.

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