Samsung Sold 50.5 Million Smartphones In Second Quarter

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Samsung Electronics has sold 50.5 million smartphones in the second quarter, which increases their lead over Apple Inc. according to a report by StrategyAnalytics.  Samsung now has a 34.6% of the global smartphone market.  At the same time Apple suffered a 26% sequential plunge in smartphone sales.  Apple retained a 17.8% market share after selling 26 million iPhones in the June quarter according to the report.  Nokia has the third spot with a 7% market share after selling 10.2 million smartphones.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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