Samsung is much popular than Nokia

Posted By on June 13, 2011

Finnish phone maker to drop to second this quarter, with Apple also passing it in third quarter, analysts Nomura predict.

Samsung will become the world’s largest smartphone maker this quarter, overtaking the struggling Nokia, which has led the market since 1996, the analysts Nomura forecast on Monday.

Nomura also forecast that Apple will outpace the Finnish phone maker in the top end of the mobile market in the third quarter of this year, adding to its woes, which include dramatic cuts in its profit forecast and a downgrading of its credit rating.

Other analysts agreed that Nokia’s position as the top seller in smartphones is likely to be overtaken either in this quarter or the next.

Nomura is bullish about the prospects for Samsung, a Korean company which makes a broad range of electronic equipment, including smartphones running Google’s Android mobile operating system, Microsoft’s Windows Phone, and its own bada software. […read more]