A report by Jungah Lee for Bloomberg News “stated that ‘the company, which overtook Apple Inc. in smartphones, has used sales of cheaper handsets in emerging markets to stoke earnings in mobiles as growth in high-end devices slows amid market saturation,'” Daniel Eran Dilger reports for AppleInsider.
“That’s a sugar coated version of what Samsung reported in its latest quarterly earnings report, where it clearly stated: ‘total shipments [of smartphones were] up QoQ led by increased sales of mass-market models,’ but ‘high-end model shipments stayed at similar level QoQ,'” Dilger reports. “In stark contrast, Apple’s iPhone sales were up 26 percent over the year ago quarter, setting a new volume record for the September quarter. All of Apple’s smartphones are ‘high end,’ unlike the outdated, 2008-era Galaxy Y model Strategy Analytics Executive Director Neil Mawston cited as an example of the ‘mass-market models’ he said were helping to ‘lift’ Samsung’s volumes.”
Dilger reports, “Samsung’s current sales and future plans consistently describe that only around one third of Samsung’s [total] ‘smartphones’ are actually comparable to Apple’s current iPhones, albeit being a generation behind.”
Much more in the full article here.