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Nokia Dethroned As Top Phone Maker By Samsung

Posted by Unknown on from the elop-is-a-business-wizard dept.

SternisheFan writes "PCMag's Angela Moscaritolo writes: 'Samsung is expected to account for 29 percent of worldwide cell phone shipments, up from 21 percent in 2011, when it nabbed the No. 2 spot in the market. Meanwhile, Nokia's share this year will drop from 30 percent to 24 percent this year. Nokia had held the top spot in the mobile phone market since 1998.'" Not just highest sales of smartphones, but of all cell phones.

1 of 134 comments (clear)

  1. Re:Reduced share, courtesy of Microsoft. by tuppe666 · · Score: 0, Flamebait

    Nokia was in free fall with accellerating market share loss, and lost 70% of their market value (!) in the 3 years leading up to hiring Elop and betting on Windows Phone.

    To put that is some kind of perspective Apple have just lost 25% of their market cap in 3 months; Elop taking a further 60% of Nokia's market cap in 2 years. I'm not really sure what your point is, but nothing changes from what he says, all that your pointing out is how much worse things went after Elop adopting a Microsoft strategy in absence of everything else.