Samsung increasing lead in smartphone sales over Apple

Smartphone, Samsung, Sales, Apple, iPhone

Samsung Electronics Co Ltd. Is expected to broaden its lead over Apple Inc in their worldwide smartphone sales this year with 35 percent growth, mainly by a broad product line.

Apple, in defense, is talking of releasing a cheaper, smaller “iPhone Mini” next year in attempts to target the lower-end smartphone market.

Executive Director at Strategy Analytics, Neil Mawston said, “We expect Samsung to slightly extend its lead over Apple this year because of its larger multitier product portfolio.”

This year, worldwide smartphone shipments will jump 27 percent to 875 million, slowing from last year’s 41 percent pace as growth is easing in many large markets such as North America, China, Western Europe, and the developed economies of Asia.

Samsung Electronics smartphone sales in South Korea are expected to jump from last years projected 215 million to 290 million this year.   Apple’s smartphone sales are expected to increase 33 percent to 180 million this year, just slightly behind Samsung’s 35 percent increase.  This will give 33 percent of the 2013 smartphone market to Samsung, and increase from last year’s estimate of 31 percent, while Apple will increase from 20 percent to 21 percent.

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