What happened in the mobile industry in a decade

If you reflect back over the last twelve years you will see several companies that climbed to the top only to crash and burn.
Twelve years ago, Motorola Mobility was the leader in the development of the cell phone industry. It invented the flip phone and took the market by storm with its super thin RAZR driving it to a peak market share.
As Motorola sizzled Research in Motion slid into the number one position with its Blackberry. Corporations quickly embraced the phone. Blackberry dominated the corporate cell phone market as road warriors stayed connected to the office. In the nineties, Nokia began to fade from U.S. markets, though its share in China remains strong. As the smart phone fad took off, Nokia seemed to be grinding to a halt. The Nokia phone is still tops for basic cell usage but it is failing to develop smart technology to keep up with the frontrunners Apple and Samsung. The race was open for a new leg to start running when Motorola and the Blackberry fell from favor. Apple positioned itself strongly with the iPhone, creating a completely new experience with a touch screen. Apple in a brilliant move gave AT&T exclusive rights to iPhone sales. AT&T ran ahead of its competitors Verizon and Sprint Nextel.

Excerpt from
http://beta.fool.com/stockcroc1/2012/05/02/apple-still-winning-smartphone-race/4131/?ticker=GOOG&source=eogyholnk0000001

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