Nokia loses cellphone top spot to Samsung

Nokia has been bumped off its 14-year top spot
as the world's largest cellphone company by
Samsung, according to a British research firm. Gartner said Wednesday that Samsung Electronics
Co. sold 86.6 million cellphones in the first quarter,
inching past Nokia Corp's sales of just over 83
million units. Apple Inc. sold 33 million iPhones, with a global
market share of some 8 percent. Last month Boston-based Strategy Analytics said
Samsung had overtaken struggling Nokia as the
world's largest seller of cellphones by volume in the
first quarter, grabbing a 25 percent global market
share against Nokia's 22 percent. Both agencies have rated Nokia in third place in
terms of smartphone sales behind Samsung and
the iPhone.

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