Q3 analysis Apple entered Top 5 while Sony Ericsson slid off
Q3 analysis Apple entered Top 5 while Sony Ericsson slid off
Last week was filled with financial reports of Q3 being published by the top mobile manufacturing companies. This is the time when industry analyst IDC got into action and made a detailed analysis of the output from the third quarter. According to IDC the market growth took a hike of 14.6% which equals to total shipped units being 340.5 million. As we all have observed, the smatrphones sales have taken the maximum jump this quarter with a 50% growth shown on papers. The best performer,Apple Mobiles managed a position among the top five mobile manufacturers in the world. Whereas the company is placed at a second position among the only smartphone producing organisations.Samsung is holding a second position in the list with the highest sales in its history. Well all credit goes to the Galaxy S and Samsung Wave. There was a fall in the shipment of LG which resulted in a fall of profits as well.The emperor is still Nokia, holding the top position. It made a shipment growth of 2 %, with smartphone shipment rising by 60 %.Press Release:The worldwide mobile phone market grew 14.6% in the third quarter of 2010 (3Q10), the fourth consecutive quarter of double-digit growth, driven in part by the fast-growing converged mobile device category. According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, vendors shipped 340.5 million units in 3Q10 compared to 297.1 million units in the third quarter of 2009. The growing popularity of converged mobile devices, or smartphones, with consumers and businesspersons is evidenced by the appearance of a second smartphone-only vendor in the top 5 ranking. Apple moved into the number 4 position worldwide in 3Q10, joining Research In Motion (RIM) as one of the world's largest mobile phone suppliers. RIM has spent three quarters on IDC's leaderboard. Apple and RIM also posted the highest-growth rates among the top 5 vendors last quarter."The entrance of Apple to the top 5 vendor ranking underscores the increased importance of smartphones to the overall market. Moreover, the mobile phone makers that are delivering popular smartphone models are among the fastest growing firms," said Kevin Restivo, senior research analyst with IDC's Worldwide Mobile Phone Tracker. "Vendors that aren't developing a strong portfolio of smartphones will be challenged to maintain and grow market share in the future."
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