Will Apple overtake Samsung in the future in terms of phone sales? Or will Samsung continue its domination? How is the battle between the two shaping up?
After playing catch-up for a long time, Apple Inc. (AAPL, -1.47) has finally made significant steps in terms of phone sales in the first quarter to catch up with tech giant Samsung Electronics (005930, +1.30%).
This sales progress is as a result of the overall grand reception of the IPhone 6 as well as increased demand in China. According to Strategy Analytics, Apple shipped 61.2 million phones while Samsung only shipped 99 million phones during the period.
The gap was however wider last year where Apple shipped 43 million phones compared to 113 million shipped by Samsung. This progress increases Cupertino-based Apple's market share up 3% to 14% from 11 percent last year. On the other hand, Samsung’s market share dropped to 22 percent.
Overall, the shipment of mobile phones rose 8% year over year with 445 million units shipped. Microsoft Corp. (MSFT, -0.19%) made it to the top 3 list where it shipped 33.7 million units compared to the 47 million units shipped in 2014.
Meanwhile, on Monday, Apple reported its second-quarter earnings which were better than expected. Despite this, its shares however dropped 0.3% in premarket trade.
With this progress in Apple sales, it is a clear sign of an impending epic battle with Samsung over the market share of Smartphone users.
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