Nokia Drops to Third in Smartphone Market

Nokia Drops to Third in Smartphone Market, Apple and Samsung Flies High

With the increasing popularity of Apple iPhone and Samsung Galaxy, Nokia drops to third place in the smartphone market. It only managed to sell 16.7 million units compared to Samsung’s 19.2 million units. Apple still managed to hold the top spot with 20.3 million units sold.

In 2010, the long time leader Nokia is the first ever company to ship 100 million smartphones in a single year. The company’s share at the global market to date now stands at 15 percent, a figure that is less than half of their market share just a year ago. Apple now holds 18.5 percent share in the global market, an unbelievable rise considering that they only started manufacturing smartphones 4 years ago. Samsung is not that far behind with 17.5 percent share.

Samsung’s increase in sales can be attributed to the success of their Android-based Galaxy devices. Shipment of their smartphones improved to 520 percent annually. Their Galaxy line is doing very well in the market, most especially the recently released S2 model. Strategy Analytics estimated that Samsung will soon take the number one spot from Apple, a position that they have never held before.

Nokia, who used to hold almost 40 percent of the market, hopes to see some sales improvement once they started using Microsoft Windows based operating system. They will be replacing Symbian and MeeGo with Windows Phone 7, although Symbian will still be used in low to mid range devices.

On the bright side, Nokia still remains the number one mobile phone manufacturer in the world regardless of its type. They cover 24.2 percent of all the phones shipped in the second quarter of this year, followed by Samsung with 19.2 percent and LG at 6.8 percent.  Apple, whose only mobile phones are the iPhone line, ranked fourth with 5.6 percent.

[via NDTV Gadgets]

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