Cell phone sales up 22 pct as economy recovers

Apr 30, 2010

(AP) -- The number of cell phones sold worldwide rose 22 percent in the first quarter compared with a year earlier, as both the economic recovery and an appetite for smart phones drove a rebound in sales, according to research firm IDC.

Research in Motion Ltd., the Canadian maker of the BlackBerry , broke into the top five of the world's largest phone makers for the first time.

Manufacturers shipped 295 million phones in the quarter, IDC said. The report is based on publicly reported figures from the major phone manufacturers.

Although growth from last year's first quarter was strong, the comparison was with a very weak period, when the shrank sales. The recovery for the rest of the year won't look as strong, said Kevin Restivo, senior research analyst at IDC. For all of 2010, the firm expects an 11 percent increase over 2009.

Nokia Corp. kept its place as the world's largest maker of phones, followed by Co. and LG Electronics Inc.

However, Schaumburg, Ill.-based Motorola Inc. dropped out of the top five and was replaced by RIM, which was tied with Sony Ericsson for fourth place. Motorola has seen a multiyear drop in phone shipments continue and has been trying to turn its fortunes around by focusing on smart phones.

Just under the top five lurks Apple Inc., which had higher sales than Motorola for the first time in the first quarter. If sales keep growing at their current pace, Apple may well become one of the world's top five manufacturers later this year.

Explore further: As dust clears, what's next for Sony?

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Motorola posts profit, strong sales; stock jumps

Apr 29, 2010

(AP) -- Motorola Inc. posted an unexpected profit in the first quarter, as sales of its new phones outdid its own forecasts. It also gave an outlook that was brighter than Wall Street was predicting, and ...

Mobile phone sales up six pct in 2008, 4th qtr weak

Mar 03, 2009

Mobile phone sales grew by six percent in 2008 over the previous year but fell nearly five percent in the fourth quarter as the global economy weakened, market research firm Gartner said on Tuesday.

Motorola posts unexpected 2Q profit

Jul 30, 2009

(AP) -- Helped by deep cost cuts, Motorola Inc. on Thursday posted an unexpected profit for the second quarter after several quarters of losses, and said it expected things to keep improving this year.

Mobile phone sales rise in 3rd quarter: study

Nov 12, 2009

Global sales of mobile phones reversed a slide that began late last year and turned positive in third quarter 2009, a trend expected to accelerate thanks to smartphones, a study disclosed Thursday.

LG projects 2010 mobile phone sales at 140 million

Jan 13, 2010

(AP) -- LG Electronics Inc. said Wednesday that it expects a significant increase in mobile phone sales this year as it rolls out 20 new smartphones and aims to become one of the world's top two sellers by ...

Motorola loss widens; analysts see worrisome signs

Apr 30, 2009

(AP) -- Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regaining its position as the world's fourth-largest maker of cell phones.

Recommended for you

As dust clears, what's next for Sony?

6 hours ago

The Sony hacking attack continues to deliver more dramatic plotlines than any fictional movie, but meanwhile the movie studio must move forward and tackle the next steps in minimizing the mess. Will Sony ...

It's down to the wire for online shopping

10 hours ago

As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders ...

China's Xiaomi raises more than $1 bn in funding

Dec 21, 2014

China's top smartphone seller Xiaomi Corp. is raising more than $1 billion in a fresh round of funding, a move which would raise its valuation above $45 billion, a report said Sunday.

Why the Sony hack isn't big news in Japan

Dec 20, 2014

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

Dec 20, 2014

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

Dec 20, 2014

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.