Mobile phone sales in Portugal in Q2 2011

Mobile phone sales in Portugal in Q2 2011 : Sales of mobile phones fell 19 percent in Portugal in the second quarter of this year to 1.36 million compared with same period in 2010, with Samsung dethroning Nokia, according to a study by consulting firm IDC. The report from the consultancy points out that this is an "unprecedented decline in sales of mobile phones,"due to decreased demand, and "accentuates the negative forecasts for the sector in coming quarters".

The 39 percent growth in sales of smartphones to 377,000 units was not sufficient to meet the 30 percent drop seen in the traditional mobile phones segment to 981,000 units, since these still represent 72 percent of all handsets sold. In the second quarter, Samsung sold 557,000 devices, which represents an increase of 13 percent over the same period last year, leading the market with a 41 percent share. Nokia is in second place with a market share of 24 percent and 324,000 units sold in the same period, representing a fall of 52 percent.source www.telecompaper.com For the latest updates PRESS CTR + D or visit Stock Market news Today

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