Consumer Electronics

Apple Regained U.S. Smartphone Market Share in May

iPhone_5_FrontBack
courtesy of Apple Inc.
For the three months ending in May, Samsung Electronics gained 0.8% of the U.S. smartphone market and Apple Inc. (NASDAQ: AAPL) added 0.6%. Apple continues to hold the market share lead in the United States, with 41.9% of the market to Samsung’s 27.8%. The comparisons are made to market share at the end of February.

Rounding out the top five smartphone makers are LG Electronics with a 6.5% share, down 0.3% compared with February; Motorola with a 6.3% share, unchanged since February; and HTC Corp. with 5.1% share, down 0.3%.

The data come from the latest report on the U.S. smartphone market from comScore.

On the operating system (platform) front, Apple gained 0.6% share in the three-month period to post a total of 41.9% of the platform market. Google Inc.’s (NASDAQ: GOOG) Android platform was unchanged during the period, and it continues to hold over half the platform market, with a 52.1% share. BlackBerry Ltd. (NASDAQ: BBRY) dropped 0.6% to post a 2.3% share, while Microsoft Corp. (NASDAQ: MSFT) remained unchanged with a 3.4% share.

The top five mobile apps in the comScore survey were Facebook Inc. (NASDAQ: FB), Google Play, YouTube, Google Search and Pandora Media Inc. (NYSE: P). Facebook’s social media app reaches 76.4% of all mobile users who are at least 18 years old. Google Play’s reach is 51.8%, YouTube reaches 51.7%, Google Search reaches 49.2% and Pandora’s streaming music app reaches 47.6%. Twitter Inc.’s (NYSE: TWTR) social media app ranks 13th with a reach of 23%.

comScore reported that 169 million people in the United States now own smartphones, for a market penetration of 70%. That is a rise of 4% since February. More than two-thirds of all smartphone sales in the United States are made by Apple and Samsung, and Android dominates the platform market.

ALSO READ: America’s Most Profitable Products

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.