Friday, October 31, 2008

Mobile and Cell Phone Sales Compared

Recent Mobile and Cell phone stats show that 303 million cellphones were shipped worldwide in Q3 2008, only increasing by the slight amount of 5% year-on-year. There has been a visible slowdown in shipments to smaller markets - all of which points to the weakest growth rate since way back in 2002. 4 of the major mobile and cell phone players, only grew at single-digit rates or less. Apple was the standout with their iPhone, grabbing a 2% global share. Nokia, Motorola, Sony Ericsson and LG were well below their initial targets, while Apple, RIM and Samsung over achieved on their results.

Mobile and Cell Phone details:

-Nokia shipped 118 million handsets in the quarter, up 5% from the year prior. However it lost market share in every region and continues to miss opportunities in the U.S. where smartphone sales are especially strong.

-Samsung shipped 52 million handset, up 22% from last year. The company’s market share climbed to 17% and volumes increased in North America and Western Europe but were lackluster in emerging markets.

-Sony Ericsson sold 25.7 million handsets in the quarter, which marks a 1% decline.

-Motorola shipped 25.4 million handsets, a painful 32% decline from last year.

-LG shipped 23 million handsets, marking a 17% decline.

Not great news for sure but no surprise, either.

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