Samsung Sold Twice as Many Smartphones as Apple Last Quarter

While Apple's iPhone sales from the last quarter fell well short of what Wall Street predicted, its main rival, Samsung, was quietly killing the game. The South Korean electronics giant today reported its quarterly financial results and announced that it had brought in a record quarterly profit of $5.9 billion. Samsung didn't give exact figures on the number of units it sold, but analysts credit the record quarter to the surge in smartphone sales and estimate that it moved 50.5 million handsets in the last quarter. Apple sold 26 million. Samsung now controls 34.6 percent of the global smartphone market, while Apple commands 17.8 percent. 

[Reuters via Gizmodo]