Samsung Could Top Smartphone Sales
YOUNG MONEY Staff
29 July 2011
The Korean electronics maker has taken up a strong position in the smartphone market with its Android-based Galaxy. On the back of that device, London-based Strategy Analytics estimates the company may have sold between 18 million and 21 million smartphones last quarter. Nokia, by contrast, sold only 16.7 million smartphones, well below the lowest Samsung estimate.
"Samsung stands a reasonable chance of capturing the top spot on a quarterly basis if it can continue expanding its Android portfolio across high-growth markets like China and Brazil," Neil Mawston of Strategy Analytics told Bloomberg. "Samsung and Apple will be at similar levels in smartphones by the end of the year."
Last quarter, Apple sold around 20.3 million iPhones, within the range of Samsung, but will likely remain the top seller for the quarter.
A new report from IMS Research estimates that smartphone sales will reach 420 million this year, and broadly sees Samsung and Apple as the winners in this field.
Beck Bamberger career career coach Careers collection agency credit card credit report credit score debt debt consolidation debt counseling Derek Hoffman employment entrepreneur profile Entrepreneurship Facebook financial literacy find a job get out of debt health insurance internet scams Investing Laura Tirello life coach marketing Mike Michalowicz Money Management mortgage new company paying for college personal finance recession save money saving money Shopping social media start a business student loans the edge Toilet Paper Entrepreneur Travel unemployment video young entrepreneur young entrepreneurs
- Most Read
- Most Emailed
- Most Comments
Financial help Center