FRAMINGHAM, MA – According to IDC, the worldwide mobile phone handset shipments are down compared to previous quarters in 2008 and this signals concern for Q4 sales – when mobile phones typically reach peak sales for the year.
Mobile phone manufacturers shipped a total of 299.0 million handsets in Q3 2008, up only 3.2% YoY and down 0.4% compared to Q2 2008. Historically Q3 experiences a ramp-up in sales in preparation for the holiday season. In previous years this ramp up has created an increase in sales of 20% or more in the third quarter.
“Handset vendors felt the pressures of the dismal economy in the third quarter of 2008, and as a result, shipments and revenues were down almost across the board,” says Ryan Reith, senior research analyst with IDC’s Quarterly Mobile Phone Tracker.
The market for smartphones, a subset of the overall mobile device market did however posted strong gains for the quarter and continues to dominate the growth in this sector.
The industry leader is
Nokia with shipments higher than
Samsung, Sony Ericsson and
Motorola combined. Samsung has jumped in second place, shipping over fifty million units in Q3. Sony Ericsson takes third place worldwide for the first time in its history. Motorola’s volumes were still a fraction of what they used to be and the division posted another quarter of operating loss as the eke out fourth place. Finally,
LG Electronics sank into fifth place during the quarter.