
Samsung passes Apple to take smartphone market lead

Samsung Electronics passed Apple to become the world's largest smartphone maker in the third quarter. According to estimates from IHS iSuppli, Samsung shipped 27.30 million smartphones in the quarter, up 43.7 percent from the second quarter. Apple's shipments declined over the same period from 20.3 million to 17.1 million iPhones. Samsung's share of the market rose to 23.2 percent from 17.5 percent in the second quarter, while Apple's fell to 14.6 percent from 18.7 percent. Samsung enjoyed strong demand for its Galaxy range as well as low-end smartphones. Apple customers meanwhile delayed their purchases ahead of the iPhone 4S launch in October. Nokia remained third in the market with a 14.3 percent market share. The market researcher expects Apple to catch up to Samsung in the fourth quarter, when it's expected to ship around 30 million iPhones. For the full year, Apple is on track to ship more than 85 million iPhones, up 80 percent from 47.5 million in 2010, according to a new forecast from iSuppli.
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