Juniper Research (News - Alert) has just announced that smartphone shipments for 2014 just crossed the 290 million mark, a market where industry analysts believe that shipments are only going to increase. Among the numbers that were most impressive for smartphone sellers were those posted by Apple (News - Alert). The Cupertino company reportedly had a record second quarter as iPhone sales reached 35.2 million. LG and Huawei also had record quarters by shipping 14.5 and 20 million smartphones respectively.
In total, the smartphone shipment numbers reflect a 26 percent growth in year over year numbers. Those numbers also indicate a two percent growth over the first quarter of this year. While Apple has record sales numbers to report, it wasn’t all wine and roses for the company. Both it and Samsung saw their hold on the smartphone market in general decline as LG, Huawei and Lenovo (News - Alert) all made strides.
Samsung still had a very good quarter, accounting for more than 26 percent of total smartphone shipments during the period. The company does not disclose shipment numbers but Juniper Research believes Samsung (News - Alert) saw about a four percent increase in units shipped compared to the second quarter of 2013. That means that Samsung is having a pretty good year on the smartphone front. The company beat out Apple for the first time in May in a customer satisfaction survey.
The rise in smartphone shipments shouldn’t come as much of a shock to anyone in the industry. Mobile devices in general are only getting more popular. While numerous studies look at units sold and shipped, the number of mobile applications that are being downloaded is another good indicator of a strong market. The mobile application market revenue is expected to continue to climb and crest at the $60 billion mark by the end of 2018.
LG was likely the biggest winner of the second quarter of this year, simply looking at its numbers compared to a year ago. Juniper says its units shipped in the second quarter increased by more than 20 percent over the same period of time in 2013.
Edited by Rory J. Thompson
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