Friday, February 1, 2013

IGN All: Apple Dethrones Samsung as Leading Smartphone Retailer

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Apple Dethrones Samsung as Leading Smartphone Retailer
Feb 1st 2013, 20:01

For the first time in the company's history, Apple has become the number one mobile phone retailer in the United States, stealing the crown that Samsung has worn since 2008 with a 34% share of the market. According to a report by Strategy Analytics, Apple has grown 4% over the past year, selling 52 million units in 2012, compared to 2011's 50.2 million.

The report comes at a clutch time for Apple, considering the persistent, if factually unsubstantiated, rumors that the company has been struggling to outpace its nearest rival, Samsung. Last month, Apple's stock price fell to its lowest point in 9 months and today, the numbers were even lower. Apple's stock has been on a steady decline for the past three days and at the time of this writing, the company's stock price was hovering around $453. The race between the two mobile phone giants is still close, with Samsung selling 16.8 million units in Q4 - compared to Apple's 17.7 million – to claim a 32% share of the US market.

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