Apple iPhone 5 set for smartphone dominance
Sales of Samsung's Galaxy S III surpassed the iPhone 4S in the third quarter to become the best-selling smartphone. But the iPhone 5 should reassert Apple's dominance.
Samsung's Galaxy S III overtook the iPhone 4S to become the world's best-selling smartphone during the third quarter, according to research from Strategy Analytics, but the iPhone 5 looks set to re-assert Apple's(AAPL) dominance.
The Korean tech giant shipped 18 million Galaxy S III's during the third quarter, accounting for 10.7% of the global smartphone market. Apple shipped an estimated 16.2 million of the popular iPhone 4S, according to Strategy Analytics, making up 9.7% of the market.
Apple, however, still holds an enviable position in the smartphone battle thanks to its new iPhone 5, which was launched amid much fanfare in September.
The Cupertino, Calif., company has lauded the iPhone 5 as the fastest-selling phone in history. Despite the phone's late appearance in the quarter, Apple sold an impressive 6 million iPhone 5s during the period, Strategy Analytics reported.
The latest iPhone clinched 3.6% of the smartphone market during the third quarter, increasing the pressure on the Galaxy S III.
"The Galaxy S III's position as the world's best-selling smartphone model is likely to be short-lived," Neil Mawston, Strategy Analytics' executive director, said in a statement. "The Apple iPhone 5 has gotten off to a solid start already, with an estimated 6 million units shipped globally during the third quarter of 2012. We expect the new iPhone 5 to out-ship Samsung's Galaxy S III in the fourth quarter, and Apple should soon reclaim the title of the world's most popular smartphone model."
Strategy Analytics estimates that 167.8 million smartphones were sold worldwide during the third quarter, up from 152.8 million during the prior year's quarter.
A separate survey, released Nov. 8 by Canalys, reported that 173.7 smartphones were shipped during the quarter, up from 120.4 million in the same period last year.
Samsung remains the biggest player in the smartphone market, according to Canalys, with 55.5 million phones shipped, up from 27.3 million in last year's third quarter and clinching 32% of the market. Apple shipped 26.9 million smartphones, compared with 17.1 million in the prior year's period, and grabbed a 15.5% market share.
Sony (SNE) rose to third place in the Canalys report, with 8.8 million smartphones shipped, boosted by its recent brand re-launch and a raft of new products. HTC and Research In Motion (RIMM) were in fourth and fifth place, respectively.
Canalys also found that the Asia-Pacific region made up more than 50% of the smartphone market for the first time since 2006.
More from TheStreet.com
"A separate survey, released Nov. 8 by Canalys, reported that 173.7 smartphones were shipped during the quarter, up from 120.4 million in the same period last year."
Looks like you left out the word "million" after 173.7.
i dont undrestand how people goes crazy in apple PHONE instead they should go crazy in company that they really does great thing for all us the consumers
apple should give to all comsumers real apps such SIRI , GPS TALK all they care is to do money of course
grat company out there HTC PHONES
It's largely inrrelevant whether the SIII or I5 is the best selling smartphone. Apple has already lost the war to Android...and will probably eventually lose out to Windows 8. Their business model is simply wrong. People want flexibility and adaptability. Apple doesn't provide it. I can get a Andorid phone configured just the way I want it -- I can have a big screen, or a smaller screen, I can change my own battery, HDMI and USB ports are available, I can add more memory if I want, etc... -- with Apple I have to accept what Apple thinks I need.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
Forget Facebook: DataCoup allows users to sell their private data directly to businesses. But will consumers feel comfortable taking them up on the offer?
VIDEO ON MSN MONEY
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'