Smartphone 4Q sales rise 36 pct led by Samsung

 
No Author Published: January 25, 2013    Comment on this article Leave a comment

photo - A woman uses her smartphone between a billboard of Samsung Electronics' Galaxy S III and Galaxy Note 10.1, left, at a subway station in Seoul, South Korea, Friday, Jan. 25, 2013. Samsung Electronics Co. said quarterly profit soared 76 percent, boosted by the popularity of its Galaxy smartphones, which outsold the iPhone for a fourth straight quarter. But the company said Friday it expects earnings to decline during the current quarter because of seasonally low demand for consumer electronics. (AP Photo/Ahn Young-joon)
A woman uses her smartphone between a billboard of Samsung Electronics' Galaxy S III and Galaxy Note 10.1, left, at a subway station in Seoul, South Korea, Friday, Jan. 25, 2013. Samsung Electronics Co. said quarterly profit soared 76 percent, boosted by the popularity of its Galaxy smartphones, which outsold the iPhone for a fourth straight quarter. But the company said Friday it expects earnings to decline during the current quarter because of seasonally low demand for consumer electronics. (AP Photo/Ahn Young-joon)

Multimedia

Entering 2012, Apple held a slight edge over Samsung in the smartphone market. But Samsung sprinted past Apple during the year as it introduced an array of models, most of which run on Google Inc.'s free Android software. Samsung's top-selling line, the Galaxy, boasts larger display screens than the iPhone and other features.

Apple alleges Samsung's devices illegally ripped off the iPhone's innovations. After a high-profile trial in federal court, a jury in San Jose, Calif. sided with some of the patent infringement claims last August and decided Samsung should pay more than $1 billion in damages. Samsung has been trying to overturn the verdict.

Lower-priced smartphones from Samsung and other device makers also have hurt Apple, whose slowing iPhone growth has contributed to a $250 billion decline in its market value since its stock price peaked in late September.

IDC says Huawei Technologies Ltd.'s emphasis on less expensive handsets helped it become the third largest smartphone maker with a market share of 5 percent at the end of the fourth quarter.

Page 2 of 2



If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.

Ads by Yahoo!

New Rule in CALIFORNIA:
(APR 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
Mortgage Rates Hit 2.50%
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com

Business Photo Galleriesview all