Pretty impressive. The young upstart iPhone (just about 4 years old) has just dethroned Nokia in revenue. That's the word from Strategy Analytics today, as the research firm looked at mobile phone revenues from January through March.
Nokia has been a consistent revenue leader around the world by generally selling less expensive feature phones. Nokia recently joined forces with Microsoft and is adopting Windows Phone 7 software for its smartphones.
Apple iPhone revenue rose to $11.9 billion in the last quarter, while Nokia slipped to $9.4 billion. Apple, AT&T and Verizon have also reported robust iPhone sales to Wall Street. Other analysts claimed Apple surpassed Nokia in the Winter 2010 quarter, but Nokia dismissed that report at the time.