Smartphones Gain as Midrange Handsets lose

The sales of smart phones however depict a much different picture. These have increased by at least 27 percent in the same period to 41 million units. According to Gartner’s research director, Corolia Milanesi, "Despite the challenging market, some devices sold well as consumers who would usually have purchased standard midrange devices either cut back to less expensive handsets or moved up the range to get more features for their money. The concern is: how much money will consumers be ready to spend after the economy improves. Has the market been changed forever as regards pricing?" when it comes to mobile phones, no one can beat Nokia; although the overall market share decreased from 39.5 percent last year to 36.8 percent this year. Samsung rose to 19.3 percent from 15.2 percent and LG increased to 10.7 percent from 8.8 percent. Motorola has seen tremendous decrease in its market share however which sank to 5.6 percent from 10 percent. Sony Ericsson has fallen to just 4.7 percent from 7.5 percent.