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Apple’s iPhone gaining on Samsung sales

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samsung_vs_appleThe iPhone 6 is doing abundantly well when it comes to sales. So well, in fact, the phone is closing in on Samsung‘s top smartphone maker title. It’s a title that the Korean company took from Apple in the third quarter of 2011 and one that it has held onto since. However, given the iPhone’s strong sales and Samsung’s market share decrease of 34 percent in 2013 to 25 percent this past year after only shipping 78 million smartphones in the third quarter, it appears that Samsung may not hold the title for that much longer.

Apple’s success is in large part to the larger screened iPhone 6 and 6 plus with analysts believing that Apple sold 66.5 million iPhones in the quarter that ended on Dec. 27, an increase of 30 percent to the year before. Exact numbers won’t be known until Apple releases its iPhone sales tomorrow but the company is forecasted to post a revenue of $67.5 billion, up by 17 percent from last year. Coupled with options for larger amounts of internal memory the phones have also benefitted from being released with new carriers in China that included China Mobile LTD and NTT DoCoMo Inc.

As a result of the falling shares and sales for Samsung, the company is looking at restructuring management and design aspects in order to curb the loss of sales. Even so, Samsung is expected to see a drop in sales, but not one as drastic as 2014. That said, as always, we’ll just have to wait and see.

source: Wall Street Journal

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