Apple may have held onto the top spot in terms of smartphone industry profits in the first quarter this year, but there’s a new sheriff in town when it comes to revenue. According to data analyzed by Yonhap News Agency, Samsung’s smartphone sales pushed ahead of Apple in Q1 2013 for the first time ever. The South Korea-based company racked up an estimated $23.62 billion in revenue from sales of its smartphones alone last quarter, while iPhone sales in Q1 totaled $22.95 billion. And to help illustrate just how massive the divide is between Samsung/Apple and the rest of the smartphone industry, Nokia was the No.3 vendor in terms of smartphone revenue in the first quarter with just $3.64 billion in sales, and LG claimed the No.4 spot with revenue totaling $2.95 billion.
Samsung steals smartphone revenue crown from Apple
Published May 28th, 2013 12:55PM EDT
Image: Nan Palmero, Flickr
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
