Wednesday, July 27, 2011

Annual Smartphone Sales Could Reach 1 Billion by 2016


>>A new study from IMS Research predicts that smartphone sales this year will total 420 million units, making up 28 percent of the total handset market. With cheaper models on the way, smartphone sales could top 1 billion units a year, or one out of every two phones sold.


The beneficiaries are no surprise — companies such as Apple, Samsung and HTC.

And while LG and Nokia are trying to bolster their position, they face steep competition in the short term from the current leaders, Builta said.

“Apple, they are going to get another boost in momentum here when the release the iPhone 5,” Builta said in a phone interview, adding that HTC and Samsung are also building on their strong positions. Android, as a whole, Builta said, should be the dominant operating system through 2016, thanks to its widespread adoption by multiple phone makers.

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