Samsung Electronics Corporation has a reason to rejoice in a grand way. The July-September period witnessed a 44% rise in shipments and therefore has marched ahead of the global rival Apple Inc to become the Top smartphone maker. The shipments have jumped to 44% to 27.8 million units as compared to the preceding quarters which is approximately four times than the previous year. On the contrary, the sale of Apple iPhones has reduced by 16% and came down to 17.1 million units in the third quarter. Samsung on the other hand accounted for a whopping 23.8 % which is a good 9 points higher than that of Apple.
Interestingly, Samsung entered the highly competitive market for smartphones recently but the results have been fabulous. Their sleek phones are selling like hot cakes and sales have increased tremendously as compared to its rivals.