Getting Smarter : Smart Phone Sales up by 163%
As per a report by NPD Group, Smart Phone sales were up by a whopping 163% compared to Q3 sales in 2006. Smart Phones sales increased to 11% in the 3rd quarter of 2007 while they were only 4% of total sales in Q3 of 2006. Overall, there was a 16% increase reported on quarter-to-quarter basis.
Another important trendy feature of mobile phones sold is about 50% of mobile phones can play music. This trend has been nothing but increasing in the last two years.
Motorola is the preferred manufacturer with a 31% market share dropping Nokia to 4th place with a 11%. LG surprised with second position with a 17% market share while Samsung settles for a 3rd position with 16% market share.
The percentage of smartphones sold during the third quarter increased from 4 percent of all phone sales in the third quarter of 2006 to 11 percent during the same timeframe in 2007 – an increase of 163 percent year over year.
“The mobile phone market is not only growing, it is growing smarter,” said Ross Rubin, director of industry analysis for NPD. “The nearly threefold increase in smartphones shows that this once negligible niche is becoming a more influential force in the consumer market -- attracting entrants such as Apple and the Open Handset Alliance.”