Spunky Nokia Vows to Put Up a Fight for Smartphone Market

Given the current landscape, it would seem inevitable that it's only a matter of time before Nokia falls to the competition and concedes the No. 1 spot in the smartphone market. After all, there's a new iPhone on the horizon, HTC continues to bombard the market with wicked fast Android devices (and those built around other platforms), and Research in Motion (RIM) remains an active participant whose BlackBerry devices are still popular. So where does that leave Nokia?

Well, still at the top, and that's a place they intend to stay. Nokia actually managed to grow their smartphone market share ever so slightly in April to 41 percent, up from 40 percent at the end of 2009.

"Nokia's leadership has been questioned in recent months," Jo Harlow, senior vice president for smartphones, said at a trade event in Singapore. "However, it is often overlooked that we continue to have the largest share in mobile devices and the largest share in smartphones, which is the fastest growing segment."

If Nokia wants to retain their position as the market leader, they're going to need to come out with new devices, something they recently did with the N8 launch. Built around the Symbian platform, the N8 ranks as Nokia's current flagship smartphone sporting a sleek design and 12 megapixel camera with Carl Zeiss optics and Xenon flash. But will the N8, and whatever else Nokia has up their sleeve, be enough to stave off the competition in what's fast becoming a crowded smartphone market? Good question, and one we likely won't be able to answer for another 6-12 months.