Nokia Corporation (ADR) (NOK), Apple Inc. (AAPL): Smartphone War: The Emperors Strike Back?

Foolish bottom line

Samsung has become the emperor in the smartphone market. Rival Apple has been losing its market share. One reason could be that an iPhone doesn’t come cheap. It doesn’t cater to the needs of low budget consumers like Samsung — which has a series of smartphones available in all price ranges. However, there is still plenty of room left for Apple Inc. (NASDAQ:AAPL) to grow and regain its position.

With the launch of the Lumia phones and the BB10, the emperor and its rival could be facing stiff competition. Nokia Corporation (ADR) (NYSE:NOK) and Blackberry are brands we have loved in the past. One major problem with the Nokia Lumia and BB10 phones is that they release new apps only after the apps have been released on iOS and Android. With regular OS updates and up-to-date app stores by these old players, they could change the smartphone market. There seems to be a race for gaining the top position in the smartphone market. 2013 is surely a great year for smartphones.

The article Smartphone War: The Emperors Strike Back? originally appeared on Fool.com and is written by usha patodia.

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