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Apple and Samsung now account for 55% of the global smartphone market

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ABI Research says 90% of smartphone profits are claimed by the two companies

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Figures from ABI Research show that smartphone shipments grew 41% year-on-year to 144.6 million during the first quarter of 2012. However, this market is now dominated by two companies: Samsung and Apple accounted for 55% of global smartphone shipments in Q1 2012 and over 90% of the market’s profits.

Samsung and Sony were the only major smartphone manufacturers to see sequential growth in shipments from Q4 2011. The report notes that Nokia’s smartphone shipments fell by 40% from the previous quarter, which means it could soon be overtaken by RIM despite BlackBerry shipments also declining sequentially.

Michael Morgan, senior analyst for devices, applications & content at ABI Research said “At this point in the year, Nokia will have to grow its Windows Phone business 5000% in 2012 just to offset its declines in Symbian shipments.”

Smartphone shipments Q1 2012

Manufacturer Smartphone shipments
Samsung 43 million
Apple 35 million
Nokia 11.9 million
RIM 11.1 million
Sony 7 million
Huawei 6.8 million
ZTE 4.9 million

[Report]

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