Nokia's Collapse Costs It the Top Spot, Samsung Now No. 1
After 14 years, Nokia is no longer the world's largest supplier of cell phones, it has been replaced by Korean rival Samsung. According to data compiled by both IHS iSuppli and Strategy Analytics, Samsung sold 93 million cell phones during the first quarter of the year, giving it 25.4% of the market. Nokia sold 83 million in the first quarter, giving it 22.5% of the global market. Both firms saw sales decline in the first quarter of 2012 compared to the fourth quarter of 2011, but Nokia's decline was much steeper at 27% compared to Samsung's drop of 13%. The research firms place Apple in third place, with 35 million sales in its most recent quarter. Though not all the handset makers have reported first quarter results, IHS iSuppli provisionally ranked RIM in fourth place with 11 million and LG in fifth place with 4 million. These rankings don't include results from Motorola.
|Fire Stephen Elop, The CEO of Nokia||ibnturab||
|Idiots! How is that Windoze Phone 7 working for you? R.I.P. Nokia||tether||
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