GeneralApple and Samsung lead smartphone market, above 90% profits in tow

Apple and Samsung lead smartphone market, above 90% profits in tow

iPhone 4S 01

According to a fresh report by ABI Research, Apple and Samsung boasted about approximately 50% of the global smartphone market in Q1 2012. Almost 55% of worldwide shipments have been claimed by the aforesaid companies, who have apparently made more than 90% of the profits in the process.

Leading the rat race is Apple with 32 million shipments, followed by Samsung with 43 million sales. Huawei, Nokia, Sony, ZTE, and RIM claim traces of the overall sales in Q1 2012. The findings suggest that manufacturers could consider China as an important market, considering that it apparently flaunts above 80% shipment growth.

“At this point in the year, Nokia will have to grow its Windows Phone business 5000% in 2012 just to offset its declines in Symbian shipments” Of the top ten smartphone OEMs, only Samsung and Sony experienced sequential growth in shipments over 4Q’2011,” cited Michael Morgan, senior analyst, devices, applications & content.

Samsung Galaxy S II

Among the top 10 smartphone companies, only Samsung and Sony experienced consistent growth in sales by Q4 last year. Nokia is already low on shipments by 40%. However, its continuing trend may bring it lower than BlackBerry, which is already experiencing 20% low sales. Companies may have to compete with Chinese local sellers like ZTE and Huawei, who deliver handsets at the mid-range costs for increasing overall sales. Moreover, Nokia’s hold over China has loosened, providing room for more players.

This ABI Research news is part of the company’s Smartphones & Mobile Devices Research Service.

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