What's this? Some joyous news on the Palm front? No need to Windex your spectacles -- the aforementioned handset maker has indeed managed to up its share of the smartphone market from 7.9% in the fourth quarter to 13.4% today, largely thanks to the popularity of its Centro. In general, analysts seemed quite pleased by the gains, noting that it (along with RIM) were able to take advantage of the 7.5% skid experienced by Apple during the same period. Despite the recent gains, Palm's market share is still down from 23% in Q1 a year ago, but considering the sweeping slump in cellphone sales of late, we'd say this should still go down as a victory -- however minor -- for the firm.

[Via Palm InfoCenter]

Can't win 'em all, we suppose. After a positively stellar fourth quarter of 2007 that saw Nokia grab a mind-boggling 40 percent of the world's mobile market share, the number one manufacturer slipped a smidge in the first quarter of this year, dropping down to 39 percent globally. That news is just one tidbit of a very interesting report that sees Nokia's year-over-year performance improve by a wide margin, while at the same time warning that the value of its mobile business is expected to decline versus 2007 thanks largely to the weak US dollar and a global economy that's been putting on the brakes as of late. Also of note is CEO Olli-Pekka Kallasvuo's comment that the company will have no "major new products" shipping in the second quarter, likely putting to rest any hopes that we'd see the N78 out before July -- unless the guy doesn't consider the N78 a major new product, which we think would be a pretty misguided belief. Nokia also notes here that it still expects to grow its market share overall in 2008 -- despite the 1 percent decline this quarter -- so any other players out there gunning at nabbing a piece of that profitable pie are going to have to keep the pressure on, it seems.

Although Motorola's market share has been steadily sliding to the delight of Nokia and Samsung, DigiTimes would have you believe that Moto reigns supreme in the global Windows Mobile Smartphone segment. Citing "internal data from Microsoft," the oft-wrong, occasionally correct tattle-rag claims that HTC's share of the WinMo Standard space has declined leaving Moto with the largest market share -- beating Samsung by, "a small margin." This after HTC saw a 50% Smartphone domination during Microsoft's Jul 2006 - Jul 2007 fiscal year. HTC still maintains a 50% market share for WinMo Professional touch-screen devices. Of course, this could be true. After all, Moto has refocused their attention to high-margin, full-featured handsets at the expense of emerging markets and entry level yawners. And you can't swing an HTC Vox without knocking over a dozen Qs. Still, until we hear otherwise, take this rumor with a quarry-sized load of rock salt.

Although it does sound as if the much protested plant closing in Bochum, Germany will indeed leave around 2,300 workers sans a job, the street was still loving what Nokia had to talk about today. In its latest earnings report, the firm announced that it raked in €15.7 billion ($22.76 billion) in revenues and €1.8 billion ($2.6 billion) in net profit from October to December 2007. Furthermore, the firm managed to move a record 133.5 million handsets in the aforementioned period, which is up some 27-percent from Q4 a year earlier. That sales surge enabled the handset maker to grab hold of 40-percent of the global cellphone market, and apparently, bigwigs at the company aren't expecting things to plateau in 2008. Needless to say, things are pretty spirited in Helsinki right about now, so feel free to tag the links below for even more jaw-dropping figures.

Read - Nokia 4Q profits up 44 percent, market share reaches 40 per cent
Read - Nokia's Q4 2007 report

No real shock here, but according to Nokia, India has just overtaken America as the handset maker's number two market. 'Course, China is still hanging tight to the top spot for now, but Nokia execs are expecting "demand to remain strong as India's user base surges." Interestingly, President Olli-Pekka Kallasvuo reportedly suggested that he didn't expect the demand in India to be limited to "low-cost phones," hinting that mid-range to high-end handsets may take off there after all. Oh, and Nokia had previously expected India to become its second largest market by volume "by 2010, if not sooner" -- so it looks like things are moving well ahead of schedule, eh?

In the wake of a Motorola profit free fall the past few quarters, Samsung has finally managed to nab Moto's spot to take the number two position in global handset market share behind the perennial numero uno, Nokia. Though the victory comes by the slimmest of margins -- 37.4 million handsets shipped in Q2 compared to Moto's estimate of 35 to 36 million -- the two companies are clearly moving in opposite directions right now, with Samsung seeing a 4 percent boost in revenue over the same period last year. Samsung attributes its success to an ever-expanding Ultra Edition line and increased volume in its entry-level lineup, something Motorola has been looking for (but apparently hasn't found) with its innovative MOTOFONE. Find yourself looking over your shoulder, Nokia?