HERE IS WHY NOKIA NEEDS TO FIRE ELOP FOR HIS FAILURE AND DECEIVING STRATEGY.SAMSUNG SOLD 69.4m SMART PHONES IN Q1.NOKIA DOES NOT EVEN EXIT
Smartphones now tops in sales; Samsung surges as iPhone sales slow
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By Staff, wire reports
Tags: Telecommunications and Wireless, Apple, Lenovo, Research In Motion
Research Triangle Park, N.C. — Samsung Electronics Co. captured a third of the global smartphone market in the first quarter as growth for Apple's iPhone dropped to its slowest pace ever, according to data released by Strategy Analytics.
Shipments of Samsung smartphones surged 56 percent to 69.4 million units in the March quarter, Boston-based Strategy Analytics said in an e-mailed statement Thursday. Apple (Nasdaq: AAPL) iPhone shipments rose 6.6 percent to 37.4 million units, while LG Electronics Inc. gained third place for the first time, it said.
Slowing iPhone sales mean Apple must recharge, the firm said.
Woody Oh, Senior Analyst at Strategy Analytics, noted: “Apple grew just 7 percent annually and shipped 37.4 million iPhones worldwide in Q1 2013. Apple’s global mobile phone marketshare is approaching a peak. Apple will need to launch new models, or partner with additional major carriers like China Mobile, if it wants to expand significantly beyond its current ceiling of 10 percent global volume share.”
Global smartphone shipments in the period rose 36 p