Doubles Market Share in A Year
The economies of the world are falling apart but Blackberrys market share is up (to the tune of 17.4%) according to Gartner. Admittedly, the market is still dominated by Nokia, which shipped 15.3 million handsets although their figure fell from 50.8% a year ago to 47.5%.
RIM sold a total of 5.6 million smartphones during April through June, that’s up from 2.5 million a year ago. Key growth areas for RIM have been outside their main business market.
Nokia won’t take this lying down. Expect them to add functionality to the N-series multimedia phones (if they don’t they’re going to lose even more market share).
Credit Suisse said it expects Nokia’s smartphone market share to fall to 41.6 percent in 2009, hurting profit margins.
Gartner said global smartphone sales growth almost halved from the first quarter to 15.7 percent.
Although current economic trends have hurt smartphone sales badly the launch of the iPhone 3G has reinvigorated the market - everyone is buying it!
To add even more hardship for Nokia, it’s been announced that HTC sales have more than doubled over the past year, hitting 1.3 milliion sales and pushing HTC up from seventh place to third position in the market.
With figures like these you’d hardly believe that the economists of the workd are predicting doom and gloom!
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