Investing

Samsung’s Smartphone Market Share Slides in June

The latest rankings are out from comScore Inc. (NASDAQ: SCOR) on the US smartphone device and platform markets. Samsung Electronics (OTC: SSNLF) leads the device makers with a 25.6% market share in the three-month period to June 2012. Apple Inc. (NASDAQ: AAPL) is in third place with 15.4%, behind second place vendor LG Electronics. Google Inc. (NASDAQ: GOOG), which now owns Motorola’s handset business, claimed 11.7% and HTC Corp. held 6.4%.

Apple gained 1.4% share in the three-month period and only HTC, with a gain of 0.4%, also showed growth. LG lost -0.5% of its market share, Motorola/Google lost -01.1%, and Samsung lost -0.4%.

On the platform front, Google’s Android holds a 51.6% share, followed by Apple’s iOS with a 32.4% share, Research in Motion Ltd. (NASDAQ: RIMM) with an 10.7% share, and Microsoft Corp. (NASDAQ: MSFT) with a 3.8% share. RIM lost -1.6% share in the period, and Nokia Corp.’s (NYSE: NOK) Symbian lost another -0.5% to finish with a 0.9% share. Apple gained the most, 1.7% and Google was the only other gainer, up 0.6%.

As has long been the case, the most heavily used smartphone feature is text messaging, used by 75% of mobile device owners. The other popular uses are downloading apps (51.4%), browsing (50.2%), and accessing a social network site (36.9%). Listening to music on a mobile phone was up 2.3% — the largest gain for the period — at 27.6%.

The Microsoft/Nokia smartphone venture continues to suffer from the decision not to allow users to upgrade existing phones to the coming Windows Phone 8 operating system. Microsoft, which had been gaining share in the platform space, lost -0.1% of its share during the period, while Nokia’s Symbian fell below a 1% share for the first time. Nokia doesn’t even make it into the top five hardware vendors as measured by comScore. Tough days indeed.

Paul Ausick

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.