In The News

Samsung Gains on Apple in This Key Market

February 17, 2016

The Motley Fool

According to market intelligence firm Parks Associates, Samsung is closing the gap. "Apple remains the dominant smartphone manufacturer in the U.S., but Samsung is catching up," said Mobile Product Research Director Harry Wang in a Parks Associates press release. "Apple controls 40% of the smartphone market while Samsung has 31%, and LG is the next closest with rival with 10%." While the press release doesn't go into detail, losing U.S. market share is not what Apple investors want to hear.

From the article "Samsung Gains on Apple in This Key Market" by Jamal Carnette.

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