Cell Phone Sales up 15% in Q3 2007
Techtree News Staff, Nov 28, 2007 1849 hrs IST
Nokia sold 110.2 million units to end users, reaching a market share of 38.1 percent in the third quarter of this year.
Techtree News Staff, Nov 28, 2007 1849 hrs IST
Nokia sold 110.2 million units to end users, reaching a market share of 38.1 percent in the third quarter of this year.
According to a Gartner report titled, "Dataquest Insight: Market Share for Mobile Devices, 3Q07", worldwide mobile phone sales reached 289 million units in Q3 of 2007, notching a 15 percent rise from the same period last year. And top five vendors increased their market share, and accounted for 81.6 percent of the global market share.
"Even though relatively few models were introduced this quarter, overall sales exceeded expectations. Mobile phone sales were mainly driven by strong performances in Asia/Pacific and Eastern Europe, the Middle East, and Africa. The third quarter also saw Samsung gain number 2 position, taking advantage of Motorola's continued weak performance," said Carolina Milanesi, research director (Mobile Devices Research) of Gartner, based out of Egham, UK.
Nokia sold 110.2 million units to end users, reaching a market share of 38.1 percent in the third quarter of this year. During this quarter, Nokia not only exhibited the highest year-on-year market share increase, but also raised operating margins thanks to effective cost management and global distribution strategy.
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