Audio By Carbonatix
Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd (005930.KS) for the first time since 2011, according to research firm Gartner.
Apple sold 74.83 million smartphones to end users worldwide, ahead of the 73.03 million phones sold by Samsung, according to Gartner's report.
The success of big-screen iPhone 6 and 6 Plus drove Apple's sales in its first quarter ended Dec. 27. The company reported a profit of $18 billion for the period, the biggest ever reported by a public company, according to S&P analyst Howard Silverblatt.
Apple's smartphones sales jumped about 49 percent in the fourth quarter, according to Gartner. In contrast, Samsung, the market dominator since 2011, recorded a nearly 12 percent fall.
In January, the company posted its fifth consecutive quarter of earnings decline in the mobile division.
"Samsung continues to struggle to control its falling smartphone share, which was at its highest in the third quarter of 2013," said Anshul Gupta, principal research analyst at Gartner.
Besides losing market share to the costlier iPhones, the Korean company has been battling low-cost Chinese vendors such as Xiaomi and Huawei (002502.SZ).
Samsung unveiled its new range of slim-bodied Galaxy S smartphones on Monday, made from aircraft-grade metal.
Latest Stories
-
Sentuo Refinery takes delivery of 1 million barrels of jubilee crude for local processing
5 minutes -
Ghana makes strong investment pitch in London as Finance Minister, BoG Governor court global investors
17 minutes -
Service before Uniform
30 minutes -
Saudi Arabia World Cup 2026 team guide
32 minutes -
Malfunctional traffic lights, sirens and emergency lights: Wreaking havoc, who to our rescue?
32 minutes -
Aspiring NDC Regional Secretary reveals ‘Art and Seed’ formula for political advancement
35 minutes -
Africa must build its own AI future, not merely consume it – Ace Ankomah
45 minutes -
Uruguay World Cup 2026 team guide
48 minutes -
Spain World Cup 2026 team guide
50 minutes -
Cape Verde World Cup 2026 team guide
53 minutes -
New Zealand World Cup 2026 team guide
57 minutes -
Iran World Cup 2026 team guide
60 minutes -
Egypt World Cup 2026 team guide
1 hour -
“The world has enough strong nations; what it needs are ethical ones” – Ace Ankomah challenges Africa’s youth
1 hour -
Belgium World Cup 2026 team guide
1 hour