Mobile phone sales surge at record pace in second quarter: Gartner
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Global sales of mobile telephones surged a record 35 percent to 156 million units in the second quarter from the same period in 2003, a study published by the US research group Gartner showed.
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Sony Ericsson, the world&#39;s fourth  biggest mobile phone maker, posted higher second-quarter profit  on Wednesday as sales rose on increased demand for its phones.
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The mobile phone giant says its next results will now be better than expected, thanks to a boost in handset sales.
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CHEJU, South Korea  - Samsung Electronics Co. Ltd.   005930.KS sees global mobile phone sales growing faster than   expected this year, while its own handset sales will just meet   the target, its president for handset business said on   Thursday.
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Global mobile phone sales rose by a robust 17.4 percent to nearly 271 million handsets in the second quarter, driven by dizzying sales growth of more than 40 percent in the Asia-Pacific region, according to the latest data from research firm Gartner. Moreover, Gartner now predicts that worldwide mobile phone sales will reach 1.13 billion units for the entire year.
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Sony Ericsson, the world's fourth biggest mobile phone maker, posted higher second-quarter sales on Wednesday but its profit and its average phone sale prices were below analyst estimates.
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking a 4.7 percent jump in its shares.
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Strong sales of its latest mobile phones help Motorola report strong profits ahead of Wall Street expectations.
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(InfoWorld) - Worldwide mobile phone sales grew 21.5 percent year on year to 251 million units in the third quarter, with India and China driving growth, according to research from Gartner Inc. Gartner predicts that sales for the year will fall just shy of one billion phones. Sales should reach 986 million units by the end of the year, the research group said. Europe, one of the most mature mobile phone markets in the world, showed just 1.9 percent growth over the same quarter last year. Asia Pacific experienced the most dramatic gains, with sales of 80.8 million units during the third quarter, an increase of 54.7 percent over the same period last year. That significant growth happened despite a decline in sales of 4.7 percent in Japan compared to the third quarter in 2005. An increase in retail outlets and better distribution channels in emerging markets such as Indonesia, Philippines, and India significantly offset that loss though, driving growth in the region. Other regions of the world also reported solid growth. In Eastern Europe, the Middle East and Africa, sales grew 19 percent compared to last year, to 48 million phones. North American sales reached 40.8 million units, up 12 percent. Sales in Latin America grew 13.7 percent over the same time last year, to 29.8 million phones. Gartner reported that the smaller phone makers will increasingly struggle to compete against the giants. In the third quarter, Nokia, Motorola, and Samsung Electronics together accounted for 68 percent of phone sales. Among those three, competition is fierce. While Motorola increased its market share during the quarter, it lost its number one position in Latin America, to Nokia, and also lost its number two spot in Western Europe, to Samsung. Nokia has the largest market share worldwide, but failed to grow its market share in North America during the quarter. Nokia's worldwide market share was 35.1 percent, up from 32.5 percent in the same quarter last year. Motorola had 20.6 percent, compared to 18.7 percent during the third quarter in 2005. No. 3 vendor Samsung had 12.2 percent market share, just slightly down from 12.5 percent last year.
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Motorola Inc., the world's  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004  thanks to new handsets with innovative designs and features.
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Samsung is now the world&#39;s second-largest mobile phone maker, behind Nokia. According to market watcher Gartner, the South Korean company has finally knocked Motorola into third place.
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Global sales of mobile telephones hit a record 156 million in the second quarter, a study published by the US research group Gartner showed.
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Thanks to PC and consumer product sales, Ontario, Canadaâs ATI Technologies Inc. today announced its second consecutive quarter with record revenues.
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking its stock to rise as much as 7 percent.
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Strong demand for replacement handsets in western Europe and the US helped push global mobile phone sales to 156.4 million units in the second quarter of 2004, a 35 per cent increase from the second quarter of 2003, new research has claimed.
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The global market for mobile telephones grew sharply in fourth quarter 2004, with sales up by 25 percent to a record 200 million units from the same period of 2003, but overall sector growth should slow in 2005, the research group Strategy Analytics reported.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The companyâs stock soared.