SeongJoon Cho
Samsung beat out Apple on handset sales in the most recent quarter, a first for the electronics giant.
Ouch. Last quarter Samsung edged past Apple for the first time on cash made from handsets, Wall Street Journal reports.
A report out by Strategy Analytics shows Samsung Electronics pulled in $5.2 billion in the second quarter, while Apple Inc. made $4.6 billion.
Samsung also kicked Apple on handset global market share. The Korean electronics company moved up to 33 percent from 31 percent in 2012, while Apple fell to 13.6 percent from 16.6 percent in 2012.
Still, not all hope is lost, Apple fanboys. Samsung released its Galaxy 4S this most recent quarter, while Apple sat on the sidelines. That means with one strong phone push, Apple could pop back up.
Read more about the handset report here.
Shana Lynch is Managing Editor at the Business Journal. Her phone number is 408.299.1831.
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