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In its own Galaxy
[November 09, 2012]

In its own Galaxy

(Guardian (UK) Via Acquire Media NewsEdge) Apple's iPhone 4S has been displaced as the world's bestselling smartphone by Samsung's Galaxy handset, in a sign that the Californian group's march to world domination may have been halted.

Samsung shipped 18m Galaxy SIIIs in the third quarter of this year, according to research firm Strategy Analytics, outpacing the iPhone 4S which shifted 16.2m units. "It has become the world's bestselling smartphone model," said analyst Neil Shah.

The upset could be temporary, with Apple's iPhone 5 expected to move into the top slot during the run-up to Christmas, but Apple's share price continued to fall yesterday, hitting $545 (pounds 341), a drop of more than 22% since its record high of $705.05 on the eve of the iPhone 5 launch in September.


After the Apple maps fiasco and the departure of two executives, Scott Forstall and John Browett, investors are asking whether it has "jumped the shark" - the moment in Happy Days when the Fonz vaulted a shark on water-skis, which signalled the decline of the show.

(c) 2012 Guardian Newspapers Limited.

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