Apple pips Samsung for mobile phone sales lead in fourth quarter
SAN FRANCISCO (REUTERS) - Apple Inc became the top mobile phone seller for the first time in the lucrative United States (US) market during the fourth quarter of 2012, outshining arch rival Samsung Electronics Co Ltd, a report by Strategy Analytics showed.
Apple's share of the US mobile phone market, including feature phones and smartphones, jumped to 34 per cent from 26 per cent, while Samsung's share grew to 32.3 per cent from 31.8 per cent, the research firm said.
Samsung had been the top mobile phone vendor in the US since 2008, the firm said. Indeed, for the full year, Samsung still held the crown for mobile phone sales; it had a 31.8 per cent share of the US market in 2012, against Apple's 26.2 per cent.
Apple investors have recently been anxious about the future growth prospects for the company amid intense competition from Samsung's cheaper phones, powered by Google's Android software, and signs the premium smartphone market may be close to saturation in developed markets.