Samsung to hit 70 Million in smartphone sales by Q1 2013

Apple is now experiencing growth and investors are extremely happy, but it seems as if Samsung is ready to take over Apple’s as according to analyst expect to deliver record smartphone sales during Q1 of 2013.

Samsung Galaxy S IIIAccording to Analyst from Counterpoint Research, they estimates that Samsung sold approximately 25 million smartphones each month of 2013, which reaches a grand total of over 70 million in Q1.

The Analysts also shared that Samsung only increased its dominant position in smartphones growing market share from 32% in Q4 2012 to 35% in Q1 2013. Apple and LG are expected to increase their market shares in the first quarter, it is projected that Apple will reach 21% market share while LG will grow to 4.3% from 4%.

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