Quantcast
Tags: US | TEC | Cell | Phone | Shipments

Cell Phone Shipments Continue to Recover

Friday, 30 Jul 2010 03:08 PM

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

The number of cell phones shipped worldwide rose 14.5 percent in the second quarter compared with a year earlier, with much of the growth coming from smaller challengers like the iPhone and BlackBerry, according to research firm IDC.

Manufacturers shipped 317.5 million phones in the quarter, IDC said in its report late Thursday. It's based on publicly reported figures from the major phone manufacturers. Phone sales took a dip during the recession, but have now recovered to 2008's levels.

The industry has left the recession with a different look. Nokia Corp. of Finland is still the world's largest maker of phones, but its growth is slower than the industry's and its share of the market is 35 percent compared to 40 percent two years ago. Motorola Inc. has fallen to seventh place in the world from number three. Samsung Electronics Co. and LG Electronics Inc., both based in South Korea, are No. 2 and 3.

Meanwhile, Research In Motion Ltd., the maker of the BlackBerry is now the fourth-largest maker of phones worldwide, shipping 11.2 million units. Close behind is Apple Inc., with 8.4 million units and HTC Corp. of Taiwan, with 6.5 million.

"Companies with a strict focus on the smartphone market, like RIM, Apple, and HTC have clearly benefited from steadily increasing user interest," said IDC analyst Ramon Llamas.

© Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
 
Email:
Country
Zip Code:
 
Around the Web
You May Also Like

Emerging Stocks Fall Most in 6 Months on Europe Worries

Wednesday, 23 May 2012 19:04 PM

Emerging-market stocks on Wednesday slid the most in six months as concern deepened that Europe's debt crisis will reduc . . .

Gold Seeks a New 'Buyer’s Bottom'

Wednesday, 23 May 2012 17:26 PM

If you take the contrarian investing view seriously, falling prices are good news. It’s always better to load up on a ha . . .

Gold Sinks 2%, Erasing Year-to-Date Gains

Wednesday, 23 May 2012 14:19 PM

Gold fell more than 2 percent on Wednesday as a wave of selling triggered by better-than-expected U.S. home sales and he . . .

MONEYNEWS.COM
©  Newsmax Media, Inc.
All Rights Reserved