Companies Apple and Samsung have dethroned Nokia as the largest global smartphone leader in Q2 2011.
According to research conducted by Strategy Analytics, Apple now controls 18.5 percent, almost a fifth of global smartphone sales thanks to its 20 million iPhone units sold. Samsung is second with 17.5 percent global market share and 19.5 million smartphones sold. Nokia is third with 15.2 percent, down from 38.1 percent from a year ago, reports Cnet. Overall, the global smartphone market grew by 76 percent, with 110 million units shipped.
The market research company attributes Apple’s success to the Tablet PC review iPhone’s momentum which is expected to keep rising with the release of the next generation iPhone this fall, but also to the introduction of the iPhone in emerging markets such as China.
“This shift in market share has been going on since the introduction of the iPhone, and Nokia has been unable to find an answer,” said Leon Cappaert of KBC Asset Management in Brussels to Bloomberg. “Component availability seems to be easing and the second half will be very good for iPhones and iPads.”
Samsung is also faring well this quarter, and is giving Nokia a run for its money. “Samsung is breathing down Nokia’s neck,” London-based analyst at Strategy Analytics, Neil Mawston said. “An unexciting touch-phone portfolio, inventory correction, wavering demand for the Symbian platform and limited presence in the huge U.S. market continued to weigh on Nokia’s near-term performance.”
The fight for the number one global smartphone spot is likely to remain tight during the third quarter between Apple and Samsung, states the Wall Street Journal. This comes at a time when the two companies are entangled in a number of lawsuits all over the world. Samsung Tablet PC is also a key supplier for Apple providing it with displays and chips.
According to research conducted by Strategy Analytics, Apple now controls 18.5 percent, almost a fifth of global smartphone sales thanks to its 20 million iPhone units sold. Samsung is second with 17.5 percent global market share and 19.5 million smartphones sold. Nokia is third with 15.2 percent, down from 38.1 percent from a year ago, reports Cnet. Overall, the global smartphone market grew by 76 percent, with 110 million units shipped.
The market research company attributes Apple’s success to the Tablet PC review iPhone’s momentum which is expected to keep rising with the release of the next generation iPhone this fall, but also to the introduction of the iPhone in emerging markets such as China.
“This shift in market share has been going on since the introduction of the iPhone, and Nokia has been unable to find an answer,” said Leon Cappaert of KBC Asset Management in Brussels to Bloomberg. “Component availability seems to be easing and the second half will be very good for iPhones and iPads.”
Samsung is also faring well this quarter, and is giving Nokia a run for its money. “Samsung is breathing down Nokia’s neck,” London-based analyst at Strategy Analytics, Neil Mawston said. “An unexciting touch-phone portfolio, inventory correction, wavering demand for the Symbian platform and limited presence in the huge U.S. market continued to weigh on Nokia’s near-term performance.”
The fight for the number one global smartphone spot is likely to remain tight during the third quarter between Apple and Samsung, states the Wall Street Journal. This comes at a time when the two companies are entangled in a number of lawsuits all over the world. Samsung Tablet PC is also a key supplier for Apple providing it with displays and chips.
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