Thursday, July 26, 2012

Reuters: Technology News: Samsung sold 50.5 million smartphones in second quarter, almost twice what Apple sold: report

Reuters: Technology News
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Samsung sold 50.5 million smartphones in second quarter, almost twice what Apple sold: report
Jul 27th 2012, 02:15

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Samsung's logo is seen on a Galaxy smartphone displayed at the company's headquarters in Seoul July 6, 2012. REUTERS/Lee Jae-Won

Samsung's logo is seen on a Galaxy smartphone displayed at the company's headquarters in Seoul July 6, 2012.

Credit: Reuters/Lee Jae-Won

SEOUL | Thu Jul 26, 2012 10:15pm EDT

SEOUL (Reuters) - Samsung Electronics Co, the world's top smartphone maker, sold 50.5 million smartphones in the second quarter, stretching its lead over rival Apple Inc, a report by research firm StrategyAnalytics showed.

Samsung took 34.6 percent of the global smartphone market, while Apple, which suffered a 26 percent sequential plunge in smartphone sales, had 17.8 percent of the market after selling 26 million iPhones in the June quarter, the report said.

Nokia took the third spot with a 7.0 percent market share, selling 10.2 million smartphones.

(Reporting by Miyoung Kim; Editing by Muralikumar Anantharaman)

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