Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Apple's iPhone 4S Overtaken by Samsung's Galaxy S III

By

Samsung's Galaxy S III has proven to be a formidable foe against Apple's iPhone 4S.

PrintPRINT

Samsung's (PINK:SSNLF) Galaxy S III has proven to be a formidable foe against Apple's (NASDAQ:AAPL) iPhone 4S. During the third quarter, the South Korean-made smartphone sold more units than any other cellular device.

According to Strategy Analytics, a global analysis and forecasting firm, the Galaxy S III moved an impressive 18 million units during the third quarter. This is a significant increase over the second quarter, at which time the Samsung-made smartphone sold just 5.4 million units.

"The Galaxy S III captured an impressive 11 percent share of all smartphones shipped globally and it has become the world's best-selling smartphone model for the first time ever," Strategy Analytics wrote in its report. "A large touch screen design, extensive distribution across dozens of countries, and generous operator subsidies have been among the main causes of the Galaxy S III's success."

Samsung recently announced that it had sold 30 million Galaxy S III units worldwide, making it the company's most successful smartphone to date. The South Korean-based manufacturer is expected to release a follow-up, presumably titled the Galaxy S IV, in February.

IHS (NYSE:IHS) iSuppli recently conducted study and found that the Galaxy S III's display is actually superior to the popular Retina Display contained in the iPhone 5.

"As the first product with in-cell touch, the iPhone 5 represents a major achievement, improving the image quality and reducing the thickness of the smartphone compared to previous models," said Vinita Jakhanwal, director for Small & Medium Displays at IHS. "And although the iPhone 5 still trails the Galaxy S III in the display specs race, the iPhone 5 overall remains thinner than the Galaxy S III, and its display color gamut is more than sufficient for most users."

In addition to the millions of Galaxy S III units that were sold, Samsung also announced that the Galaxy Note II had moved three million units worldwide.

While Apple was defeated during the quarter (possibly because some consumers were waiting for the iPhone 5 to be released), the iPhone maker still managed to sell an impressive 16.2 million iPhone 4S units. This was in addition to the six million iPhone 5 units that Apple sold at the end of the quarter.

Overall, more than 167 million smartphones were sold globally. When combined with standard cellular phone sales (including pay-as-you-go models), cellular device shipments could top 400 million quarterly and reach a 12-month total of 1.5 billion units.


Editor's Note: This content was originally published on Benzinga.com by Louis Bedigian.

Below, find some more great ETF and market content from Benzinga:


Obamacare Stocks Go Crazy in Wake of President's Re-Election

Trading Colorado, Washington's New Marijuana Laws

This Brazil ETF Could Be Headed For Disappointment

Twitter:
@Benzinga

Benzinga Pro covers this and all market news in real time. Get your free trial here.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT

Busy? Subscribe to our free newsletter!

Submit
 

WHAT'S POPULAR IN THE VILLE