What’s flooding the markets right now is a bevy of financial reports and so too are the myriad of smartphone market research and reports. Not one to be left out in the cold IDC has put their two cents in today offering up the insight that smartphones are popular, and this popularity is expected to hold steady.
Thank goodness for the report clearing that up. Seriously though, the report by the numbers offers more enlightening tidbits of interest showing a growth of 1.9 percent in the global mobile device market during the fourth-quarter. Cheaper phones and somewhat dated models have always eclipsed the total sales of the more expensive smartphones, but holiday sales showed that the smartphone devices stepped out shadows with sales of almost equal parity to legacy handsets.
All told, 45.5% of all phones shipped were that of the smartphone variety, some 219.4 million units total. This total was somewhat below the optimistic predictions IDC had made earlier, but Samsung Electronics Co Ltd (KSE:005930), Apple Inc (NASDAQ:AAPL), Huawei Technology Co Ltd (SZ:002502), ZTE Corp (HK:0763) and Research in Motion Limited (RIM) (NASDAQ:RIMM) making formidable strides in the market. For example a move that saw Huawei kicked LG to curb and out of the top five by undercutting them with lower cost devices. Add to that the fact that their primary market is China – where consumers are giddy in their clamoring for mobile devices – and Huawei became a runaway favorite.
Samsung, Apple, Nokia, HTC and RIM, respectfully, would round out the leader board of the smartphone device market by sales.
Stock Price Performance: (30-Day) Between December 24, 2012 and January 24, 2013, Samsung Electronics Co Ltd(KSE:005930)stock price decreased WON 21,000.00 (-1.42%) WON 1,474,000.00 to 1,453,000.00. Apple Inc (NASDAQ:AAPL) stock price decreased USD $69.67 (-13.39%) USD $520.17 to $450.50. Huawei Technology Co Ltd (SZ:002502) stock price increased RMB 0.74 (+8.55%) RMB 8.65 to 9.39. ZTE Corp (HK:0763) stock price increased HKD $1.92 (+15.04%) HKD $12.76 to $14.68. Research in Motion Limited (RIM) (NASDAQ:RIMM) stock price increased USD $7.13 (+67.2%) USD $10.61 to $17.74.