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26 Oct '12, 7pm

Samsung's Q3 smartphone shipments double Apple's: via @eetimes

Samsung's Q3 smartphone shipments double Apple's: via @eetimes

SAN FRANCISCO—Samsung Electronics Co. Ltd. shipped more than twice as many smartphones as Apple Inc. in the third quarter, as the South Korean company dramatically expanded its lead over its U.S. rival, according to ABI Research. Samsung's lead over Apple in smartphone shipments has expanded in the past year thanks to Samsung's range of offerings and the popularity of its newer models such as the GALAXY S III. In the third quarter of last year, Samsung shipped about 35 percent more handsets than Apple, according to ABI. "Samsung looks to be running away from the pack, while Apple's new product portfolio continues to eat into its decreasing gross margins," said Michael Morgan, a senior analyst at ABI, in a statement. According to Morgan, to match its 2011 iPhone shipment growth of 96 percent, Apple would need to ship 94 million smartphones in the fourth quarter. [Get a 10% ...

Full article: http://www.eetimes.com/electronics-news/4399492/Samsung-s...

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