Nokia takes a 40% share of world mobile market

News 17:20, 24 Jan 2008

In the fourth quarter of 2007 4 out of every 10 mobile phones sold worldwide was a Nokia, according to new research

Nokia achieved a 40% share of the global mobile phone in the fourth quarter of 2007 - its best ever showing.

Nokia sold 133.5 million handsets between October and December, according to new data from analysts Strategy Analysts.

By contrast Apple sold 2.3 million iPhones during the same period - giving the computer company a 0.6 volume share of the worldwide mobile phone market.

A total of 332 million mobile phones were shipped during the quarter - a rise of 13% compared with the same period in 2006.

Samsung was the second biggest player in the market with a 14% share (up from 11.3%) while Motorola's woes were heightened by a year-on-year collapse in its market share from 21.7% to 12.3%.

Sony Ericsson was number four with a 9.3% share - and its annual rate of growth dropped from 64% to 18%. LG came in at fifth with a 7.1% slice of the global action.

Mobile phone shipments for the whole of 2007 totalled 1.12 billion handsets - up 12% on 2006. But Strategy Analytics analyst Bonny Joy said the deteriorating economic climate would start to have an effect on the mobile phone market.

"We expect the economic environment to be tougher this year and forecast slower growth of 10%, for 1.24 billion units worldwide in 2008," said Joy.

 

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