The number of smartphone shipments reached 230 million in Q2 2013, representing a year-over-year growth of almost 50 percent from Q2 2012 and quarter-over-quarter growth of nearly 13 percent, according to the latest market study by Juniper Research . Samsung increased its smartphone market share by shipping an estimated 72 million smartphones and accounting for approximately 31 percent of all smartphone shipments in the quarter. Even though Samsung posted another record quarter in terms of device shipments, they admitted slowing sales of their high-end smartphones including the Galaxy S4, with quarterly growth driven by mid-low end smartphones. Samsung is estimated to have shipped 20 million Galaxy S4 in the first two months after its April 2013 launch, but subsequent sales are believed to have tailed off. iPhone Sales are Up, But Profits are Down Likewise, Apple boasted iPhone sales showing strong y-o-y growth – up by 20 percent to more than 31 million – but saw y-o-y profit...
TMT Market Research Summaries and Analysis