Telecom & Wireless
Samsung to Remain the Top Smartphone Company
Published:
Last Updated:
Samsung will ship 61 million smartphones in the current quarter, according to the Yonhap News Agency. That is well above forecasts, and the Samsung Galaxy Note 2 — the notebook that competes directly with the Apple (NASDAQ: AAPL) iPad — is forecast to ship more units than expected. The reports says:
UBS estimated that Samsung Electronics will sell 61.5 million units of smartphones in the October-December period, up 5 percent from an estimated 58 million in the previous quarter. The number could reach as high as 63 million depending on the sell-through, or the volume that is actually sold to consumers.
The news means that Samsung has cemented its place as the top smartphone company. But it also probably means that Apple will increase is legal challenges over Samsung’s patents. Apple has had success with the actions in the U.S. but was less successful elsewhere. Apple can brag that its iPad 2 and mini sales have been at record levels. But, as long as it needs to resort to the legal system to keep its market share, the real appeal of its products could be masked.
Douglas A. McIntyre
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.