Apple Inc. (NASDAQ:AAPL) is still top dog. The iPhone still reigns supreme as it has historically outsold the Galaxy brand, despite the fact that the Samsung’s Galaxy S III currently leads in smartphone sales,
Tavis McCourt analyst at Raymond James says the sales for the iPhone 4, iPhone 4S, and iPhone 5 collectively outsold the Galaxy S and Galaxy Note, 219 million to 131 million respectively. He claims that he wanted to see the overall numbers of smartphones sold over the last two and a half years, that’s why he compiled this report.
The Galaxy S line has significantly increased the bottom line for Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) and put the South Korean tech company on the map. It also doesn’t hurt that the company also has a wide range of other smartphones and tablet computers which have captured consumer interest.
This report should offer some hope for Apple Inc. (NASDAQ:AAPL) fans as they fear that the brand may be showing signs of age. The last two generations of the iPhone had some people wondering if the Cupertino-based company lost their sense of creativity; the maps gaffe in iOS 6 certainly didn’t help the company’s image.
Earlier this week there was also a scare that Apple’s iPhone 5 wasn’t selling as well as investors hoped. Last Sunday, Apple Inc. (NASDAQ:AAPL) told some of their component suppliers that they wanted to cut back on some of the supplies. This caused investors to underestimate the company and caused Apple shares to plummet.
Sterne Agee’s analyst Shaw Wu sent a note to investors, which gave valid proof that demand for the iPhone 5 hasn’t waned. What’s more is that two other analysts agreed with him.
The iPhone 5 is still one of the leading smartphones on the market. When it officially launched in stores last year, there was a huge turnout of fans and interested buyers who wanted the iPhone. Although it has been a couple of months since the debut of the sixth generation smartphone, there is already a lot of anticipation for the next iPhone.