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Nokia Drops Out of Top 5 Smartphone Companies Rank

IDC released its quarterly cellphone shipment estimate, stating that the market grew by only 2.4 percent year over year, from 434.1 million to 444.5 million units. The smartphone market was solely responsible for the growth and compensated for a substantial drop in feature phone shipments. IDC said that smartphone shipments were 179.7 million units in Q3 2012, compared to 123.7 million units in Q3 2011.

Samsung leads the Smartphone market with 56.3 million units, representing a 31.3 percent market share. Apple came in with 26.9 million (15.0 percent), followed by RIM with 7.7 million (4.3 percent). ZTE and HTC complete the top 5 with 7.5 and 7.3 million units. Nokia is no longer listed among the top 5.

"Nokia's share losses have meant gains for competitors," said Kevin Restivo, senior research analyst with IDC. "The company's transition away from Symbian-powered smartphones to ones shipped with Windows Phone has left ample opportunity for rivals to steal share away from Nokia over the past 18 months. However, the smartphone market is still relatively nascent, which means there's room for multiple vendors and operating systems to flourish, including Nokia."

Among all shipped phones, Nokia is still the number 2 behind Samsung. Samsung shipped 105.4 million phones overall, while Nokia was able to ship 82.9 million. Apple's 26.9 million iPhones also enabled the company to now be listed as the world's third largest cellphone maker.

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  • jhansonxi
    It's like watching a train wreck. Any bets as to when M$ buys them to save WP8?
    Reply
  • Kami3k
    What Nokia gets for going the way of Windows Phone instead of Android.
    Reply
  • Nokia is taking a gamble with their support of Windows Phone. I like that, however I do hope it pays off for them, because competition is always good for us consumers!
    Reply
  • bystander
    Now that Win 8 is out, the next few months will shed a lot of light on Nokia's future.
    Reply
  • DjEaZy
    ... because they didn't put the smart in to smartphone... nokia's idea of 'smart' waz too complicate for average user...
    Reply
  • _TuxUser_
    jhansonxiIt's like watching a train wreck. Any bets as to when M$ buys them to save WP8?M$ will not gain anything from buying Nokia, as M$ already have access to all they need and can use Nokia patents without anyone can sue them and the only one really gaining something would be Samsung, as then Apple would need to pay them a patent fee.
    Reply
  • _TuxUser_
    DjEaZy... because they didn't put the smart in to smartphone... nokia's idea of 'smart' waz too complicate for average user...I think the most important for Nokia is that their plan B will be fast to execute as I don't see that resellers are happy with MS, operators ain't happy with MS and it seems end customers ain't looking for MS in their phone as they do for their desktops.
    Reply
  • izmanq
    still can't figure out what's nokia thinking, go for windows mobile, but not for android ? :| if i'm not mistaken they want to differentiate their product to others, and windows mobile is the answer ? :| nokia is committing suicide :D
    Reply
  • tomfreak
    Kami3kWhat Nokia gets for going the way of Windows Phone instead of Android.+1, they would have much better now if they have adopt Android early.
    Reply
  • "Nokia's share losses have meant gains for competitors," said Kevin Restivo

    wow, this guy is a genius! Reminds me of Dan Quayle with "If we don't succeed, we run the risk of failure." hahaha
    Reply