Samsung Sold More Smartphones Apple (AAPL) in China Last Year; Nokia (NOK) Share Plummets
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Dividend Yield: 0.5%
EPS Growth %: -0.7%
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Well, Nokia (NYSE: NOK) isn't dominating the Chinese smartphone market. Far from it, actually. For that matter, neither is Apple, Inc. (Nasdaq: AAPL).
According to Strategy Analytics (SA), Samsung sold the most phones in the emerging market last year. Samsung sold about 30.06 million smartphones last year, from 10.90 million sold in the previous year. Total market share for Samsung was 17.7 percent, SA noted.
Nokia plummeted from 29.9 percent share down to 3.7 percent in 2012, as more and more consumers in China opted for Google (Nasdaq: GOOG) Android-based devices.
Lenovo came out in second place, with a market share of 13.2 percent last year, up from four percent the prior year.
Apple took third spot with 11 percent share in China, Huawei was fourth at 9.9 percent, and Coolpad was fifth at 9.7 percent.
Notably, Apple has been working to strike a deal for China Mobile (NYSE: CHL) to start carrying iOS-based devices. Some speculate that a lower-cost iPhone might push that through. Apple's iPhone is already carried by both China Unicom (NYSE: CHU) and China Telecom (NYSE: CHA).
According to Strategy Analytics (SA), Samsung sold the most phones in the emerging market last year. Samsung sold about 30.06 million smartphones last year, from 10.90 million sold in the previous year. Total market share for Samsung was 17.7 percent, SA noted.
Nokia plummeted from 29.9 percent share down to 3.7 percent in 2012, as more and more consumers in China opted for Google (Nasdaq: GOOG) Android-based devices.
Lenovo came out in second place, with a market share of 13.2 percent last year, up from four percent the prior year.
Apple took third spot with 11 percent share in China, Huawei was fourth at 9.9 percent, and Coolpad was fifth at 9.7 percent.
Notably, Apple has been working to strike a deal for China Mobile (NYSE: CHL) to start carrying iOS-based devices. Some speculate that a lower-cost iPhone might push that through. Apple's iPhone is already carried by both China Unicom (NYSE: CHU) and China Telecom (NYSE: CHA).
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