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August 25, 2012

Global Mobile Market shrinks in 2012,Apple, Samsung posts huge gains


An estimated 419 million cell phones were sold to end users in the second quarter of 2012 , down from just over 1 billion in the second quarter of 2011. IDC, which estimates channel sales and not end-user sales, said earlier this month that the market grew by 1% year-over-year in the second quarter.However Global mobile phone market shrank by 2.3%, 
According to Gartner’s numbers, Apple and Samsung were the two biggest winners by a mile in the June quarter of 2012. Apple sold an estimated 28.94 million iPhones compared to 19.63 million in the same quarter last year, while Samsung’s end-user sales climbed to 90.43 million mobile phones from 69.83 million in the second quarter of 2011.
The only other vendors that saw growth in the quarter were Huawei and ZTE, which sold 17.94 million phones last quarter compared to 13.07 million during the same period last year. All other vendors saw year-over-year declines according to Gartner, including HTC (2498), which sold 9.30 million phones compared to 11.02 million in Q2 2011, and RIM, which saw sales drop 37% to 7.99 million units from 12.65 million during the same quarter last year.