Tech Winners and Losers: Smartphone Makers Advance

Smartphone makers are among the day's winners after a report from NPD Group.
Publish date:

Updated from 12:24 p.m. EST

The smartphone makers were a strong subset among widely held tech stocks Tuesday after a report that smartphones' market share has increased yet again.

On Tuesday The NDP group reported that smartphones made up 23% of handset sales in the fourth quarter of 2008, up from 12% for the fourth quarter of 2007.

The report also said smartphone buyers bought more accessories with their phones (52%) than did buyers of other handsets accessory sales (41%).






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all over-index when it comes to accessory purchases at the time of the smartphone purchase," said Ross Rubin, director of industry analysis for the NPD Group. "Particularly with

Research In Motion's


large market share, resellers are apparently missing opportunities to sell more BlackBerry accessories."

Among the handset makers:

Palm rose 0.8% to $7.38.

Apple shares rose 0.5% to $88.37.

RIM shares rose 2.9% to $37.95.

Nokia shares rose 5.6% to $9.23.

Motorola shares fell 2.4% to $3.30.

Elsewhere in the tech sector:

Google shares were down 0.5% to $325.48.

Yahoo! shares were down 0.6% to $12.50.

Microsoft shares were up 0.6% to $15.88.

Dell shares were up 8.5% to $9.15.

IBM was down 1.4% to $87.77.