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Samsung’s third quarter smartphone shipments double Apple’s

Monday, October 29, 2012 11:21
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From NextBigFuture.com

Samsung shipped more than twice as many smartphones as Apple Inc. in the third quarter, as the South Korean company dramatically expanded its lead over its U.S. rival, according to ABI Research.

Worldwide handset shipments decreased 1.9% YoY to 387.3 million units in Q3 2012, according to new data from market intelligence firm ABI Research. Worldwide smartphone shipments increased 32.8% YoY to 155.5 million over the same period. Samsung retained the lead position in both handset and smartphone shipments. Underscoring its accomplishment, Samsung shipped more than double the smartphones of second place Apple. “Samsung looks to be running away from the pack while Apple’s new product portfolio continues to eat into its decreasing gross margins,” says senior analyst Michael Morgan. “Apple will need to ship over 94 million smartphones in Q4 if it wants to match its 2011 shipment growth of 96 percent.”

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