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Nokia falls out of Top 5 smartphone vendors as Samsung ships twice as many phones as Apple

News by Andrew Kameka on Friday October 26, 2012.

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Nokia, once the leading global smartphone manufacturer, has fallen so far behind Samsung and Apple that it no longer registers as a Top 5 vendor, according to market analysts IDC. Nokia has ranked among the Top 5 vendors since IDC first began tracking smartphone shipments in 2004, but the company fell behind Research In Motion, which shipped 7.7 million handsets in the quarter. That was a 34.7 percent decline from RIM's shipments during the same period last ear, but it was still higher than the performance turned in by Nokia.

Samsung and Apple remain the driving forces of smartphone growth in IDC's chart that tracks shipments of phones to retailers, not sales to consumers. Samsung doubled its shipments from last year, increasing to 56.3 million units shipped. The company earned a 31.3 percent market share. Apple also increased its shipments to 26.9 million units, which accounts for 15 percent market share.

ZTE and HTC round out the Top 5. ZTE shipped 7.5 million smartphones to garner 4.2 percent of the market, and HTC's 7.3 million shipments account for 4 percent market share. All other companies outside of the Top 5 combined to ship 74 million smartphones, or 41.2 percent market share.

IDC says the global smartphone market in the third quarter grew 45.3 percent compared to the same period in 2011. The firm reports that more 179.7 million smartphones were shipped in the third quarter, which exceeded forecasts by about 0.1 percent.

source: IDC

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Andrew Kameka
Andrew is based in Miami, Florida.

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