Close to taking smart phone sales lead from Apple.
Samsung has been having a really great year in the 1st qaurter and last year was a good year for them as well. Their Galaxy line of phones has given them a large number of sales, especially with the Galaxy S II which has won awards. In combination with all their other phones, they have surpassed Nokia to take the title of the world’s global leader in cell phone shipments. That happened in the first quarter and they have left Nokia in the dust. Nokia shipped 83 million handsets in the 1st quarter and Samsung shipped 92 million handsets. And they are not looking back with the next quarter expected to perform just as well for Nokia.
With the Galaxy Note doing very well globally and the coming Galaxy S3 which is expected to be announced next week, Samsung is more than likely going to increase their lead over Nokia. They are putting together a solid line of phones and there are many more in the pipeline for Samsung. It is the smart phone market which is estimated to grow this year far faster than other cell phones which are on the market. For Samsung, that represents much of where they are targeting for this quarter and Apple should watch out.
There are some analysts who are predicting a continued decline in sales for the Apple iPhone line this quarter and if correct is going to allow Samsung to overtake Apple in the smart phone category as well. With Apple shipping 35 million smart phones and Samsung shipping 32 million, Samsung will more than likely be passing Apple in the 2nd quarter. This is especially true because of the Galaxy Note and Galaxy Nexus which continue to sell well. If Samsung can release the coming Galaxy S3 in early May, they are going to add to their shipping numbers and pass up Apple.
This may well be the quarter where Samsung takes over the lead for smart phones from Apple and never looks back.