Active Stocks
Tue Dec 05 2023 15:57:23
  1. Power Grid Corporation Of India share price
  2. 222.4 4.46%
  1. Tata Steel share price
  2. 131.6 0.5%
  1. NTPC share price
  2. 285.5 3.89%
  1. State Bank Of India share price
  2. 608.4 2.31%
  1. ICICI Bank share price
  2. 1,013.15 2.28%
Business News/ Technology / Tech-news/  Smartphones sales soared 47% in Q3: Gartner
Back Back

Smartphones sales soared 47% in Q3: Gartner

Sales of mobile phones reach almost 428 million units in Q3, down 3.1% from a year ago

A mobile store at MG road old Gurgaon, Haryana. Photo: Pradeep Gaur/Mint (Pradeep Gaur/Mint)Premium
A mobile store at MG road old Gurgaon, Haryana. Photo: Pradeep Gaur/Mint
(Pradeep Gaur/Mint)

Mumbai: Despite a 3% dip in global mobile phone sales to 428 million units in the third quarter, smartphone sales jumped a full 47%, according data released by research firm Gartner.

It said Korean major Samsung widened the gap with Apple, taking the share of such handsets to 39.6% of the total cellular phones sales.

Smartphones continued to fuel sales of mobile phones worldwide with sales rising to 169.2 million units in the third quarter, Gartner said, adding that the smartphone market is dominated by Samsung and Apple.

The quarter also saw Samsung becoming the largest mobile handset market with 22.9% of the overall market share, selling 98 million units, up from 18.7% a year ago, it said. This has had the Finnish major Nokia slipping to No 2 slot with only 19.2% global share, down from 23.9% a year ago, Gartner said.

Apple is at a distant third place with 5.5%, up from 3.9% a year ago, it added. “Both vendors together controlled 46.5% of smartphone market leaving a handful of vendors fighting over a distant third spot," it said.

The quarter saw Samsung further widening the gap with Apple in the smartphone market, selling 55 million units, driven by its Galaxy series across different price points.

The Korean company commanding 32.5% of the global smartphone market during the quarter. Overall, Samsung’s mobile phones sales accelerated, totalling almost 98 million units in Q3, up 18.6% year-on-year.

According to the latest Garnter numbers, sales of mobile phones reached almost 428 million units in Q3, down 3.1% from a year ago, even as smartphone sales accounted for 39.6% of total mobile phone sales, as smartphone sales zoomed 46.9%.

“After two consecutive quarters of decline in mobile phone sales, demand has improved in both developed and emerging markets as sales increased sequentially," said Anshul Gupta, principal research analyst at Gartner. He added that the growth was driven by the qworld’s largest market China where sales growth was driven by smartphones, but demand of feature phones remained weak, while mature markets finally saw replacement sales picking up with the launch of new devices in the quarter.

Nokia slipped from the No 3 slot in the second quarter to a distant No 7 in smartphones in Q3, while RIM moved to the No 3 spot followed by HTC at No 4. “Both HTC and RIM have seen their sales declining in the past few quarters, and the challenges might prevent them from holding on to their current rankings in coming quarters," Gupta added. PTI

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 14 Nov 2012, 08:09 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App