Apple US Market Share Crushes Samsung

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By Douglas A. McIntyre Updated Published
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Apple US Market Share Crushes Samsung

© courtesy of Apple Inc.

Apple Inc. (NASDAQ: AAPL) iPhone sales continued to rise and its market share crushed rival Samsung, based on comScore smartphone sales figures for September. Apple’s share of original equipment manufacturer (OEM) sales was 43.6% against Samsung’s 27.6%.

The other OEMs had very modest segments of the market: LG at 9.4%, Motorola at 4.8% and HTC at 3.3%. Motorola was the second largest manufacturer in the world in 2006, trailing only Nokia. HTC was making share sales gains in 2011 at a pace that made it look as if it would occupy the top tier of OEMs.

Apple’s strength in September was also evident in opearting system (OS) market share. Despite the fact that its iOS is only available in Apple products, its share was 43.6% to Google Android’s at 52.3%. Alphabet Inc.’s (NASDAQ: GOOGL) Android is the OS used in virtually every smartphone sold in America.

Apple’s last quarterly earnings announcement indicates that its dominance in the U.S. market, and around the world, will continue.

For the period that ended September 26:

The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

The growth was fueled by record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services.

The numbers were particularly impressive because the new iPhone 6s was only available for part of this period. Apple sold 48 million iPhones during this time.

ALSO READ: Apple Is the Most Profitable Company in the World

Two years ago, as Samsung Galaxy sales rose rapidly, there was a concern that Apple’s market share would plunge. The comScore September numbers show how quickly Apple turned the tables with the iPhone 6 family introduction.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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