Is Apple's Momentum In Smartphones Slowing?
Apple's iPhone, the smartphone market's number one seller for the past few years, was recently dethroned by Samsung's Galaxy S III. According to Juniper Research, Samsung trumped Apple's iPhone sales in the second quarter by selling twice as many smartphones -- 52.1 million compared to Apple's 26 million.
Samsung's strong showing was largely due to its release of the Galaxy S III smartphone, which shipped almost 10 million units in its first month.
Apple's iPhone sales last quarter were less than analysts expected, but that may be due to customers waiting until the release of the iPhone 5, which is expected to arrive in September.