Apple Is Third Largest Handset Supplier

Though he typically shies away from company earnings calls, Steve Jobs took the mic on Tuesday to announce that Apple is now the third-largest mobile phone supplier in the world.


Jobs stated that the company’s $4.6 billion in iPhone revenues this quarter place it right behind mobile phone giants Nokia ($12.7 billion for the quarter) and Samsung ($5.9 billion). This puts Apple ahead of Sony Ericsson ($4.2 billion), LG ($3.4 billion), Motorola ($3.2 billion) and RIM ($2.1 billion).


Calling the revolutionary handset “stunning,” Jobs was also excited to share that Apple sold more handsets in the fourth quarter than Research In Motion.   


“This is a milestone for us,” Jobs said. “RIM is a company that makes good products, and it’s surprising after only 15 months in the market we could outsell them in any quarters. If this isn’t stunning, I don’t know what it is. All due to the incredible performance of the iPhone 3G.”


Additionally, the company said it has already surpassed its goal of selling 10 million iPhones within the 2008 calendar year. The iPhone saw tremendous growth during the fourth quarter of 2008 alone, selling about 7 million units of the new iPhone 3G compared to 1 million units of the first-generation iPhone sold in the same quarter of 2007.   


Complementing the handset’s success, Apple’s iPods also saw positive results, selling about 11 million units over the quarter.


Altogether, Apple posted $11.68 billion in revenue for the quarter; iPhone sales accounted for 39 percent of that total. Using GAAP figures, Apple posted $7.9 billion in revenue for the quarter.

Published by Larry Fire

I write an eclectic pop culture blog called THE FIRE WIRE that features articles about books, comics, music, movies, television, gadgets, posters, toys & more!

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