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Apple overtakes Nokia and Samsung as Smartphone maker

Submitted by on July 30, 2011 – 1:05 amNo Comment

According to industry analysts, Apple has become the world’s biggest seller of smart phones.

Apple has took the position of Nokia and Samsung in Q2 of 2011 by hitting the record of 110 Million Smart phone sales and a strategy analysis shows that a total 361 million smart phones were shipped this year. Nokia was the only biggest seller for all type of handsets but gradually after Apple’s smart phones with latest technology and demand in market let the Nokia’s Share in the market fell.

An US report describes Apple as the STAR PERFORMER of second quarter of 2011 and apple has doubled its handset shipment to a record of 20.3 million sets.

Apple has more More Cash then US Government

Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).

Apple’s most recent financial results put its reserves at $76.4bn

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