Samsung Smartphone Sales Pushed Ahead of Apple in Q1 2013

[caption id="attachment_2774" align="alignnone" width="300"] Samsung Smartphone Sales Pushed Ahead of Apple[/caption] Strategy Analytics’ data, which was obtained by Korea’s Yonhap News, reports that Samsung is the largest smartphone maker in the world in terms of revenue in Q1 2013. The Korean based Samsung broached $23.62 billion in smartphone sales in the first three months of this year. That was a gain of $952 million from the fourth quarter of 2012, When Apple overtook Samsung in revenue. Apple's top line showed iPhone sales of $22.95 billion for Q1, a drop of $7.71 billion. Samsung’s new flagship Galaxy S4, which has sold more than 10 million units in less than a month, helped the company climb back to the number one spot. It’s not all bad news for Apple, as so far it’s still the biggest profit producer in the industry, beating out Samsung by around 10%. [caption id="attachment_2775" align="alignnone" width="300"] Minance of Apple and Samsung[/caption] The chart above suggests that despite having sold just a bit above a quarter of total handsets sold and an industry revenue share of around 70%, Apple and Samsung combine for a staggering 95% of all smartphone operating profit. Meanwhile, Nokia Corp, came in third with sales of $3.64 billion, followed by LG Electronics Inc. with $2.95 billion in sales, the data showed.

News from Yonhap News Agency