Friday, July 29, 2011

Nokia slips from 1 to 3 in smartphone sales

from Reuters:

>>Apple and Samsung Electronics ended struggling Nokia's 15-year reign at the top of the smartphone sales rankings in the second quarter, researchers said on Friday.


IDC said strong smartphone demand boosted the market to still grow 11.3 percent from a year ago to 365.4 million phones, but this was a clear slowdown from the 16.8 percent growth seen in the previous quarter.

Strategy Analytics estimated the total market at 361 million cellphones in the quarter.

In a Reuters poll, 29 analysts' average forecast for the total market stood at 374 million phones.

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