iSuppli: Nokia to Cede Top Market Spot for Full-Year 2012

Nokia (NYSE: NOK  ) is to lose its position as the world's top seller of cell phones on an annual basis when the final 2012 results are tallied, according to preliminary forecasts from IHS's (NYSE: IHS  ) market researche, iSuppli. Nokia, which held a leading market share of 30% in 2011 according to iSuppli, will drop down to 24% for this year.

This marks the first time in 14 years that the company will not be the clear market leader on an annual basis.

Taking its place as No. 1 will be Samsung, which has been particularly successful with its recent smartphone offerings. The South Korean company is poised to take 29% of the market this year. iSuppli anticipates that Apple (NASDAQ: AAPL  ) and China's ZTE will follow the two leaders, taking shares of 10% and 6%, respectively.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2160868, ~/Articles/ArticleHandler.aspx, 4/18/2014 11:09:33 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.


Advertisement