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  • IDC: Samsung and Apple Maintain Global Smartphone Lead, Xiaomi Jumps to Third

    Research firm IDC recently revealed that the global smartphone market recently grew 25% year-over-year during the third quarter of 2014. During this timeframe, Apple saw moderate gains and Samsung posted the only loss in shipment volume out of the top five manufacturers. Of the top five, Samsung remained at the top of IDC’s Worldwide Quarterly Mobile Phone Tracker for the quarter ending in September, shipping 78.1 million units for a 23.8% market share. The results represent an 8.5% decline from the same time last year.

    Apple came in second, after the company announced a record-breaking quarter earlier this month with sales of the iPhones reaching 39.27 million for the three-month period (up 16.1% from last year). When compared to the worldwide market, Apple’s smartphone accounted for 12% of the total which is down slightly from 12.9% last year.

    IDC Program Director, Ryan Reith, had the following to say regarding the matter:

    Despite rumors of a slowing market, smartphone shipments continue to see record-setting volumes. We've finally reached a point where most developed markets are experiencing single-digit growth while emerging markets are still growing at more than 30% collectively. In these markets, smartphone price points are making mobile computing possible where we once expected feature phones to remain dominant. This is great news for overall volumes, but the challenge has now become how to make money on devices that are quickly becoming commodity products. Outside of Apple, many are struggling to do this.
    Research firm IDC noted that Apple’s older iPhone 5S and 5C models helped contribute the bulk of the company’ sales, despite most attention being paid to the latest iPhone 6 and 6 Plus.

    The biggest surprise in this report came out of Asia with Xiaomi posting a year-over-year change of 211.3% to end the quarter with 17.3 million units shipped, up from 5.6 million last year. This particular manufacturer which is known for its budget-friendly phones jumped from a 2.1% market share in quarter three of 2013 to 5.3% by the period ending in September. Lenovo and LG rounded off the top five with 16.9 million and 16.8 million smartphones shipped respectively. This result is unchanged from 2013 though each company bumped their share of the market by 5%.

    As a whole, IDC saw a total of 327.6 million smartphone shipments and sales in the third quarter, accounting for a 25.2% increase from the same time last year.

    Source: IDC via AppleInsider
    This article was originally published in forum thread: IDC: Samsung and Apple Maintain Global Smartphone Lead, Xiaomi Jumps to Third started by Akshay Masand View original post