ABI: Apple And Samsung Have Over 55 Percent Of The Smartphone Space, 90 Percent Of Its Money-Making

Although smartphone shipments grew 41% year-over-year to 144.6 million as of the quarter ending March 2012, many smartphone OEMs are not enjoying the benefits of a rapidly expanding market. Samsung and Apple captured 55% of global smartphone shipments in 1Q’2012 and over 90% of the market’s profits. The question remains: can anyone break away to become a strong third in this market?

This is the first paragraph of an article found on Engadget. It contains some interesting insights that fit the consumer and business insights focus of our blog. The article continues …

“At this point in the year, Nokia will have to grow its Windows Phone business 5000% in 2012 just to offset its declines in Symbian shipments”
Of the top ten smartphone OEMs, only Samsung and Sony experienced sequential growth in shipments over 4Q’2011. Nokia witnessed a 40% sequential decline in shipments and may soon be passed by ailing RIM in shipments despite the BlackBerry maker’s 20% sequential decline in shipments. “At this point in the year, Nokia will have to grow its Windows Phone business 5000% in 2012 just to offset its declines in Symbian shipments,” says Michael Morgan, senior analyst, devices, applications & content.

Apple 35
Huawei 6.8
Nokia 11.9
RIM 11.1
Samsung 43
Sony 7
ZTE 4.9

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Read full article on Engadget