Apr 292012
 

Samsung‘s Q1 2012 results were nothing short of magnificent when the South Korean company usurped Nokia’s 14-year numero uno position of top handset maker in the world.

Q1 Results Samsung Beats Nokia To Be the Number One Handset Maker In The World

Samsung Q1 Results

Samsung’s achievement was largely due to its steady sales of its existing models (Galaxy SII, Ace, Y etc) and sales expansion of its high-end strategic models (Galaxy Note, LTE etc).

Q2 Forecast Samsung Beats Nokia To Be the Number One Handset Maker In The World

Samsung Q2 Forecast

Samsung predicts that the sale of handsets will increase quarter over quarter in the Q2 while its tablet will still be fiercely competitive with other manufacturers, namely Apple.

According to Bloomberg, Samsung shipped 93.5 million phones while Nokia only managed to ship 82.7 million. Apart from that, Samsung also shopped 44.5 million smartphones holding 31% of the market while Apple only managed to sell 35.1 million with 24% of the smartphone market in the first quarter, regaining its smartphone reign last quarter.

Source: Bloomberg, Samsung

 

 Samsung Beats Nokia To Be the Number One Handset Maker In The World
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