Tuesday, November 4, 2008

Handset growth rate falls in Q3, weakest quarter since 2002

303 million mobile devices shipped in Q3, according to Strategy Analytics. The figure is down a little on the previous quarter, and marks the industry’s weakest growth rate since 2002. Sales were up five per cent year on year.

In the past typical growth rates have been nearer 20 per cent. It’s alarming because Q3 is normally a strong quarter. Slowdown in the emerging markets was mostly to be blamed for the decline.

Apple and Samsung performed best, with annual growth rates of 516 per cent and 22 per cent respectively. Sales of Sony Ericsson, Motorola and LG handsets fell and Nokia remained top with a nearly 40 per cent share. 

Just check out how fast Apple is catching with just one iPhone and the iPhone craze only started last year.

3Q2008 (m) 3Q2007 (m) Mkt share (%)

Nokia 117.8 111.7 38.9
Samsung 51.8 42.6 17.1
Sony Ericsson 25.7 25.9 8.5
Motorola 25.4 37.2 8.4
LG 23.0 21.9 7.6
Apple 6.9 1.1 2.3
Others 52.1 46.9 17.2
Total 302.7 287.3 100

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