Monday, July 16, 2012

Galaxy S3 bumps Samsung's lead over Apple, say analysts




Samsung can thank its Galaxy S3 for its growing dominance of the smartphone market.


(Credit: Josh Miller/CNET)

Samsung continues to up its dominance over Apple in the smartphone arena, thanks largely to the launch of its latest Galaxy S phone.


For more than a year the two companies have been dueling each other for the bigger chunk of the smartphone market, with Samsung the winner more often than not. But analysts polled by Reuters say that Samsung's lead increased even further last quarter.


Boosted by heavy demand for its new Galaxy S3, Samsung likely sold around 50 million smartphones in the second quarter, according to the 41 analysts surveyed. That figure would easily surpass the 30.5 million iPhones that Apple is forecast to have sold.


The team of the Galaxy S2 and S3 may also deliver a record quarter for the Korean handset maker.


"We are also expecting to see the biggest smartphone volumes ever shipped from one single vendor in one quarter, driven by strong demand of the Galaxy portfolio, particularly the Galaxy S II and S III," IDC analyst Francisco Jeronimo said in a statement cited by Reuters.


Two factors that play into Samsung's hands are timing and its huge product line, Reuters noted. The company offers and continues to launch a variety of phones, any of which can hit the market ... [Read more]




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