Android sales declined by 5% over last year, according to a report by Strategy Analysts, Google’s mobile OS’s market share dropped from 60.6 percent a year earlier to 56.3 percent and according to the report Android may be “approaching a peak” in its market share.

The key reasons for the decline were a dull economy, maturing penetration of smartphones among contract mobile subscribers, and major operators tightening their upgrade policies to gain more profits.

“Android remains the number one platform by volume in the United States, but its market share is peaking as Apple iOS gains ground. Apple’s US market share has risen by ten points from 23 percent in Q2 2011 to 33 percent in Q2 2012. Apple is rumoured to be launching a new iPhone in the coming weeks, and that event, if it takes place, is going to heap even more pressure on Android in its home market.” says the report.