Sunday, July 22, 2012

Galaxy S III Continues to Take a Bite Out of Apple

by Holly Shoemaker

Samsung has rebounded from the yo-yo week it experienced a couple weeks ago. The company continues to dominate the Android smartphone market with the Galaxy S III, and it continues to show the world that it can nibble away from Apple’s market share.

Less than two months after releasing the Galaxy 3 III in Europe, and then in the United States in June, Shin Jong-kyun, president of Samsung’s information technology and mobile communications division, reported that the Galaxy S III has sold more than 10 million units to date. However, he did not provide an exact figure.

Concluding Thoughts

Samsung has made some smart moves for its flagship smartphone line. By launching the Galaxy S III before Apple launches the iPhone 5, or new iPhone if Apple drops the number from the naming convention like it did with the new iPad, the company has positioned itself to continue to take away from Apple’s market share into Q 3 2012. Analysts expect Apple to launch the iPhone 5 in September or October of this year.

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