Wednesday, March 04, 2015

Apple overtakes Samsung in Smartphone sales, says Gartner

Apple sold the largest number of smart phones in the world in the fourth quarter, outpacing Samsung Electronics for the first time since 2011, according to market research firm Gartner.
Apple sold 74,832 smartphones to end users around the world, ahead of the 73,032 phones sold by Samsung, according to the Gartner report.
The success of the iPhone 6 and 6 Plus boosted Apple's sales in its first quarter ended Dec. 27.
The company had profit of 18 billion dollars in the period, the largest ever issued by a listed company, according to S&P analyst Howard Silverblatt.
Apple's Smartphone sales jumped nearly 49 percent in the fourth quarter, according to Gartner. In comparison, Samsung, which dominated the market since 2011, recorded a fall of nearly 12 percent.
In January, the South Korean company accounted for the fifth consecutive quarter of falling profit from mobile phones Division.
"Samsung continues to face difficulties to control its declining share in the Smartphone market, which reached a peak in the third quarter of 2013," said Anshul Gupta, Gartner analyst.
In addition to losing market share for iPhones, Samsung has been facing low-cost Chinese company like Xiaomi and Huawei.
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