Report: Nokia Loses Cellphone Top Spot to Samsung

By webadmin on 09:47 pm May 16, 2012
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Helsinki. Nokia has been bumped off its 14-year top spot as the world’s largest cellphone company by Samsung, according to a British research firm.

Gartner said on Wednesday that Samsung Electronics Co. sold 86.6 million cellphones in the first quarter, inching past Nokia Corp’s sales of just over 83 million units.

Apple Inc. sold 33 million iPhones, with a global market share of some 8 percent.

Last month Boston-based Strategy Analytics said Samsung had overtaken struggling Nokia as the world’s largest seller of cellphones by volume in the first quarter, grabbing a 25 percent global market share against Nokia’s 22 percent.

Both agencies have rated Nokia in third place in terms of smartphone sales behind Samsung and the iPhone.

Associated Press