The troubled Finnish mobile phone company, Nokia, maintained its leadership position in global mobile phone markets even its market share shrunk in the second quarter of 2011. According to YLE, a study conducted by Gartner, Nokia was world’s number one mobile phone company by market share, followed by Samsung and LG.
Total of 430 million mobile phones were sold globally in the second quarter of 2011, increase of 16 percent from the previous year. The growth in smartphones was phenomenal, sales growing 73 percent from the previous year.
Nokia’s market share in the second quarter was 22.8 percent, down from 30.3 from the previous year. Samsung had 16.3 and LG 5.7 percent of mobile phone sales. Apple increased its market share from 2.4 percent to 4.6 percent, but Microsoft’s slid from 4.9 to 1.6 percent.
Nokia maintained leadership position in global mobile phone markets