Samsung More Than Doubles Apple’s Global Market Share

Samsung More Than Doubles Apple’s Global Market Share (Yahoo Finance)

Samsung dominates Apple and all comers in global smartphone sales. In fact, of the 250 million phones sold in the third quarter of 2013, Samsung can claim 34 percent of them as its own, with Apple whimpering along behind in second at 15 percent. And with sales of smartphones that have larger screens becoming stronger every quarter, things will only get better for Samsung. According to research firm Canalys, “Shipments of large-screen smartphones, 5” and above, reached their highest level, accounting for 22 percent of shipments or 56 million units. This trend continues to be driven mainly by Samsung, which dominates the large-screen segment….” With momentum this strong, and Apple investors fleeing in droves during the past year, it’s no secret which company is poised for a long and strong run: Samsung.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

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