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Report: Smartphone Market Grew By 50 pct In Last Quarter

5:49 pm on Nov 14, 2012 (gmt 0)

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Samsung extended its sales lead in the smartphone market in the last quarter, Gartner reported Wednesday, as smartphone sales fueled the larger mobile phone industry.

Smartphones accounted for nearly 40 percent of the overall mobile phone market. The market overall fell 3.1 percent from the previous year, but the smartphone market in particular grew nearly 50 percent.Report: Smartphone Market Grew By 50 pct In Last Quarter [washingtonpost.com]
Together, Samsung and Apple make up 46.5 percent of the smartphone market, said Gartner analyst Anshul Gupta. BlackBerry maker Research in Motion took the third-place spot, followed closely by HTC. Nokia, which had been third on the list, fell to seventh place.

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