Apple shoots past Samsung to nab top smartphone spot
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[February 16, 2012]

Apple shoots past Samsung to nab top smartphone spot

(City A.M. (UK) Via Acquire Media NewsEdge) APPLE is again the top smartphone vendor in the world after selling 35.5m smartphones in the fourth quarter of last year and growing its market share to 23.8 per cent, according to research from Gartner.


Samsung was hot on Apple's heels, selling 34m out of the total 149m smartphones sold in the quarter.

Around 472m smartphones were sold in 2011, accounting for 31 per cent of all mobile phone sales - up 58 per cent on 2010 largely thanks to Apple's Christmas boom which increased iPhone sales by 121 per cent.


Despite remaining the top vendor of mobile devices, Nokia lost almost four per cent of the market to rivals as its sales dropped by 8.7 per cent to 111.7m.

Samsung's mobile device sales grew 17 per cent to 92.7m in the quarter, giving the South Korean company a market share of 19.4 per cent.

Apple - which only sells smartphones - doubled its share of the mobile phone market to 7.4 per cent, coming in at third place.

This comes as Apple yesterday reportedly requested for the iPad to be removed from Amazon's Chinese website amid a trademark dispute with Proview Technologies.

Apple's stock, which has been rising rapidly since mid-December and recently surpassed $500, dropped 2.5 per cent and closed at $497.67.

(c) 2012 City A.M.

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