"AMSTERDAM, June 1 (Reuters) - Nokia has overtaken PalmOne as the world's top seller of mobile computers in the first quarter, as consumers chose smartphones over handheld computers to organise their lives, a survey showed on Tuesday. Finland's Nokia increased its market share to 28.2 percent, up from 21.5 percent in the first quarter of 2003, while U.S.-based PalmOne saw its share dwindle to 16.8 percent from 26 percent, British research group Canalys said."
There is a pivotal shift within the global smartphone market. Recent data from IDC highlights a more cautious outlook for 2025, with projected worldwide smartphone shipments seeing a significantly reduced growth rate. This revised forecast underscores the intricate interplay of global economic factors and geopolitical dynamics on pervasive personal communication devices. IDC's latest update projects a mere 0.6 percent growth in worldwide smartphone shipments for 2025, a stark reduction from the earlier 2.3 percent expectation. Global Smartphone Market Development This recalibration is largely attributed to prevailing economic uncertainties, including inflationary pressures and rising unemployment, alongside the persistent specter of tariff volatility. Despite these global tensions, it's interesting to note that the United States and China are still identified as the primary drivers of this modest growth. China, a critical market, is forecast to achieve a 3 percent year-over-yea...