The Smartphone Macro Trend Continues for Apple and Google

Gartner (NYSE:IT) released survey numbers for mobile devices for the third quarter of 2011. Worldwide mobile devices sold were up 5.6% to 440.5 million units from last year. Smartphone sales were up 42% to 115 million units.

“Strong smartphone growth in China and Russia helped increase overall volumes in the quarter, but demand for smartphones stalled in advanced markets such as Western Europe and the U.S. as many users waited for new flagship devices featuring new versions of the key operating systems,” said Roberta Cozza, principal research analyst at Gartner. “Slowdowns also occurred in Latin America and the Middle East and Africa.” At 23.9% Nokia (NYSE:NOK) topped the charts for market share in worldwide mobile devices, down from 28.2% last year.

Smartphones, however, were a different story, where Samsung took pole position with sales of 24 million, helped in no small measure by its best-selling Galaxy model. Apple (NASDAQ:AAPL) shipped 17 million iPhones, an annual increase of 21 percent, but down nearly 3 million units from the second quarter of 2011 because of Apple’s new iPhone 4S announcement in October.

In mobile operating systems, Google (NASDAQ:GOOG) Android headed the list with a market share of 52.5%, nearly doubling from last year’s 25.3%. This was obviously at the cost of Symbian, which was down to 16.9% from 36.3%, and Research in Motion (NASDAQ:RIMM), down to 11% from 15.4% last year.

“Android benefited from more mass-market offerings, a weaker competitive environment and the lack of exciting new products on alternative operating systems such as Microsoft (NASDAQ:MSFT) Windows 7 Phone and RIM,” Ms. Cozza said. “Apple’s (NASDAQ:AAPL) iOS market share suffered from delayed purchases as consumers waited for the new iPhone. Continued pressure is impacting RIM’s performance, and its smartphone share reached its lowest point so far in the U.S. market, where it dropped to 10 percent.”

Here’s how smartphone stocks are trading on the news:

  • Gartner Inc. (NYSE:IT): The shares recently traded at $38.44, down $0.04, or 0.1%. Its market capitalization is $3.65 billion. They have traded in a 52-week range of $31.11 to $43.39. Volume today was 27,291 shares versus a 3-month average volume of 542,461 shares. The company’s trailing P/E is 30.05, while trailing earnings are $1.28 per share. About the company: Gartner, Inc. provides research and analysis on the computer hardware, software, communications, and related information technology industries. The Company’s business segments include research, consulting, measurement, events and executive programs. Get the most recent company news and stock data here >>
  • Nokia Corporation (NYSE:NOK): The shares recently traded at $6.45, down $0.09, or 1.38%. Its market capitalization is $23.91 billion. They have traded in a 52-week range of $4.82 to $11.75. Volume today was 3,753,864 shares versus a 3-month average volume of 31,447,400 shares. The company’s trailing P/E is 25.99, while trailing earnings are $0.25 per share. The company pays a dividend of $0.48 per share for a dividend yield of 7.10%. About the company: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): The shares recently traded at $383.78, up $4.52, or 1.19%. Its market capitalization is $356.69 billion. They have traded in a 52-week range of $297.76 to $426.70. Volume today was 4,195,651 shares versus a 3-month average volume of 20,598,400 shares. The company’s trailing P/E is 13.86, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • Google Inc. (NASDAQ:GOOG): The shares recently traded at $612.05, down $0.95, or 0.15%. Its market capitalization is $198.24 billion. They have traded in a 52-week range of $473.02 to $642.96. Volume today was 662,364 shares versus a 3-month average volume of 3,451,480 shares. The company’s trailing P/E is 20.86, while trailing earnings are $29.34 per share. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>
  • Research In Motion Limited (NASDAQ:RIMM): The shares recently traded at $18.49, up $0.2, or 1.09%. Its market capitalization is $9.63 billion. They have traded in a 52-week range of $17.17 to $70.54. Volume today was 3,699,811 shares versus a 3-month average volume of 24,711,100 shares. The company’s trailing P/E is 3.38, while trailing earnings are $5.48 per share. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. Get the most recent company news and stock data here >>
  • Microsoft Corporation (NASDAQ:MSFT): The shares recently traded at $26.58, up $0.02, or 0.08%. Its market capitalization is $223.59 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 9,201,822 shares versus a 3-month average volume of 58,111,500 shares. The company’s trailing P/E is 9.66, while trailing earnings are $2.75 per share. The company pays a dividend of $0.80 per share for a dividend yield of 3.00%. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>

Don’t Miss: Bain Capital Ventures Unlinks from LinkedIn.