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Apple, RIM and Samsung gain while Nokia loses out

It appears world wide smartphones sales are the only thing growing in today’s global economy as growth now sits at a high showing 3.7 percent growth in sales for the 4th quarter of 08. This has had an effect on the likes of Nokia,, as Apple, Research In Motion and Samsung’s assault on the smartphone market has left Nokia with less smartphone market share.

Nokia is still the largest mobile handset maker in the world but its overall market share dropped from 50.9 percent down to 40.8 percent while Nokia also saw smartphone sales decline 17 percent to 15.6 million in the last quarter of 08.

On the other hand, Apple sales of the Apple iPhone more than doubled to 4.1 million a growth of 1.9 million giving Apple 10.7 percent of the global smartphone market. Samsung grew by 1.8 percent to 4.2, while RIM netted 19.5 percent where previously it had 10.9.

Source — cnn