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Default iPhone 5 Helps iPhone Market Share Grow to 5.5% - 11-19-2012, 12:57 AM

Worldwide sales of mobile phones to end users reached almost 428 million units in the third quarter of 2012, research firm Gartner revealed in a new report on Wednesday. While overall mobile phone sales were down 3.1 percent, smartphone sales were up 47 percent year over year.

The growth of smartphones helped Apple, as the iPhone expanded from its 3.9 percent share in the year-ago quarter. Apple's total 23.5 million iPhones sold to end users came without offering any "feature phones" still sold by rivals Samsung and Nokia.

Those low-cost, low-profit phones offered by Nokia helped those companies take the first two spots in terms of market share in the third quarter. Samsung accounted for 22.9 percent of mobile phone sales, while Nokia took 19.2 percent.
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