Boston – Global smartphone shipments rose 43% in the second
quarter of 2010 from the same period a year ago, to 60 million units, according
to a report from market research firm Strategy Analytics.
The firm sited
subsidies from mobile network operators, competition from premium vendors and a
growing range of lower-cost models.
Nokia (NYSE: NOK) led all vendors with 24 million
smartphones shipped in the second quarter, representing 40% of the total
market; Research in Motion (NASD: RIMM) shipped 11.2 million BlackBerry smartphones; and
Apple (NASD: AAPL) shipped 8.4 million iPhones.
Other vendors combined to sell a total of
15.9 million smartphones; the 60 million total smartphone shipped accounted for
19% of all handset shipments during the second quarter.
"The global
smartphone industry is growing volume but the industry’s value is beginning to
feel the effects of intensifying competition," said Strategy Analytics
director Neil Mawston.
"Dozens of vendors from the telecoms, PC and
consumer electronics industries are piling into the market and driving down
prices. Even established brands such as Nokia, RIM and Apple are finding it
increasingly hard to raise prices and profits in the face of such fierce
competition."
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