Published On: Fri, Apr 29th, 2011

In First Quarter Smartphone Boom Boosts Mobile Market

smartphone boom boosts

Overall smartphone market gets strong demand and boosted the cellphone market volumes in January, March. According to a research Apple is rare winner of the market.

Growth of 20% has been seen in January-March market and it helped by strong gains by smaller vendors as the three largest phone makers Samsung, LG and Nokia lost little market share.

The company, Apple sold over double from a year ago and its market share rose to 5%.

IDC said, “The iPhone once again sold particularly well in developed economic regions of the world, such as North America and Western Europe.”

LG had 6.6% market share in the quarter, Samsung slipped to 19% and Nokia share dropped to 29% from 35% a year ago, according to IDC.

Analyst at Strategy Analytics, Neil Mawston said, “The first quarter of 2011 was marked by supply-chain disruptions related to the Japan earthquake tragedy and by ongoing mild component constraints in areas such as touchscreens, memory and cameras.”