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
-
Vice President urges Methodist Church to add digital skills to women’s training programmes
48 minutes -
Forestry Commission arrests 12 illegal miners in Atewa Forest
55 minutes -
NPP National Treasurer aspirant involved in accident during campaign
1 hour -
Treat coastal communities as partners in sea turtle conservation – Dr Agyekumhene
1 hour -
The Chief Justice is not a Touring Minister: Baffoe-Bonnie’s SOE visits are unconstitutional officiousness
2 hours -
Enforcing environmental laws carries political cost, while offenders go unpunished – Frimpong-Boateng
2 hours -
Galamsey fight collapsed after safeguards introduced in 2018 were abandoned – Prof Frimpong-Boateng
2 hours -
Jail officials who approve projects in wetlands and forest reserves – Prof Frimpong-Boateng
2 hours -
Ghana needs $21bn to restore lands damaged by illegal mining – Frimpong-Boateng
2 hours -
Law student killed in hit-and-run on Tema Motorway; family offers GH¢50,000 bounty
2 hours -
Gas explosion near Larteh school contained after fire outbreak
2 hours -
Nigerian-British businessman dies after penis enlargement procedure in Thailand
3 hours -
CHEAP JUSTICE? – Occasional Kwatriot Kwesi Yankah writes
3 hours -
WASSCE 2026: English performance decline requires urgent action – EduWatch
3 hours -
Old Tafo MCE pledges action as residents raise alarm over faulty drainage systems
4 hours