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Samsung sold nearly twice as many smartphones as Apple in Q2

Samsung sold nearly twice as many smartphones as Apple in Q2

By Reuters | Updated: 27 July 2012 13:23 IST

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Samsung Electronics Co, the world's top smartphone maker, sold 50.5 million smartphones in the second quarter, stretching its lead over rival Apple Inc, a report by research firm StrategyAnalytics showed.

Samsung took 34.6 percent of the global smartphone market, while Apple, which suffered a 26 percent sequential plunge in smartphone sales, had 17.8 percent of the market after selling 26 million iPhones in the June quarter, the report said.

Nokia took the third spot with a 7.0 percent market share, selling 10.2 million smartphones.

Samsung Electronics Co. said Friday its net profit swelled to 5.2 trillion won ($4.5 billion) in the April-June quarter, a 48 percent jump from a year earlier.

Meanwhile, Apple posted disappointing numbers in the continued absence of a new iPhone model.

Edited by NDTV Staff from original story by Reuters

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