Sunday, July 31, 2011

Nokia has biggest market share in Q2 2011, but Apple has biggest growth

IDC‘s Worldwide Quarterly Mobile Phone Tracker results have been released for Q2 2011, and the results have been quite interesting, although not unexpected. As you can see from the table below, Nokia still has the lion’s share (if it can be called that) with 24.2% global mobile market share. Samsung also holds an impressive number, but unlike Nokia’s fall of 20% units shipped year over year, Samsung has seen a growth of 10%.

The reasoning behind Nokia’s gradual decrease is simply that the global market is seeing a reduction in sales of feature phones, whereas the smartphones market is booming at an exponential rate. This the reason why Samsung holds a good lead thanks to their recent Android based smartphones released over the last year. This is also why Apple has seen a ridiculous growth rate of nearly 142% year over year.

“The shrinking feature phone market is having the greatest impact on some of the world’s largest suppliers of mobile phones,” said Kevin Restivo, senior research analyst with IDC’s Worldwide Mobile Phone Tracker to GMA News. “Stalwarts such as Nokia are losing share in the feature phone category to low-cost suppliers such as Micromax, TCL-Alcatel, and Huawei.”

About Taimoor Hafeez

From auditing to editing, I now test and analyze the latest gadgets and games instead of the latest financial statements. Both jobs are equally intense and rewarding. In my free time you'll find me raiding in WoW or engineering in TF2.

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