Samsung Passes Nokia in Cell Phones, Apple Tops in Smartphones
Latest news Samsung in the first quarter became the world’s largest cellphone brand for the first time, overtaking longtime market leader Nokia.In the smartphone segment, Samsung remained in second place behind Apple, according to market research firm IHS iSuppli.
CarrierCompare, which allows you to see which cell phone company offers the best service for your iPhone in any given location, vaulted into the venerable “Top 25″ list on April 13, the day the story was published. CarrierCompare became the most-downloaded app in the utility category that day, beating out perennial top utilities like the top flashlight app and “Find My iPhone.”
“With cellphones now accounting for more than 40 percent of Samsung’s overall revenue, it’s clear that the company’s continued investments in smartphone hardware and software R&D are paying off,” Wayne Lam, senior analyst for IHS, said in a statement. “The company is not only cashing in on the market’s shift to smartphones, but is also succeeding in other cellphone product categories, allowing it to capture the overall market lead,” Mr. Lam explained.
Unless Nokia can turn its numbers around, going forward the industry expects a fierce battle between Samsung and Apple, as other smartphone manufacturers struggle. Samsung’s newest phone, the Galaxy S III, will launch in May while the next iPhone is expected sometime this fall.
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