Tuesday 29 October 2013

Global smartphone shipments jumped 39% on Q3

Global smartphone shipments jumped 39 percent in the quarter ended September 30, while brisk demand for low-priced Android devices in China eroded Apple's market share.
With growth in smartphones slowing in the United States and Europe, attention has turned to technology-hungry consumers in developing countries, many of whom favor devices that are less expensive than Apple's iPhones.
Apple's profit and margins slid despite selling 33.8 million iPhones in its September quarter, and greater China revenue climbed just 6 percent even though two smartphone models hit store shelves in its second-largest market last month.

Samsung Electronics increased its global smartphone market share 0.4 percentage points to 31.4 percent in the quarter compared to a year ago. Its 40.5 percent increase in shipments was driven more by its low-end mass market smartphones than its flagship models like the Galaxy S4 and Note 3, IDC said.
In the September quarter, Apple's smartphone market share declined 1.3 percentage points to 13.1 percent.
Huawei, Lenovo and LG, which all sell mass market products, grew at a faster percentage rate than Samsung and Apple although their shipments were smaller.
Huawei, Lenovo and LG Electronics each expanded their market share by about 1 percentage point, bringing each one's market share to nearly 5 percent.
Source: Reuters

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