Samsung to Remain the Top Smartphone Company

Telecom & Wireless

Published: November 21, 2012 7:18 am

Last Updated: November 21, 2012 7:28 am

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

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!