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Samsung Widens Global Smartphone Lead, as Nokia Drops from Top 5

Samsung has doubled its shipments year over year to an estimated 56 million smartphones in the third quarter, more than double its closest competitor, Apple, according to a new report from market research firm IDC. Meanwhile, Nokia continued its fall from grace after it dropped off the top 5 list for the quarter.

IDC estimates Samsung has captured 31.3 percent market share in the recent quarter, noting that this is the first time since the fourth quarter of 2009 that one vendor broke the 31 percent mark. The South Korean handset maker confirmed on Thursday record third-quarter profit of $7.4 billion

via Samsung Widens Global Smartphone Lead, as Nokia Drops from Top 5.

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