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Samsung's Galaxy S III continues to be a big seller

Apple may be basking in glory of the iPhone 5, but Samsung has a heavyweight champion of its own in the smartphone sector. Samsung this weekend announced that it has shipped 30 million of its latest flagship smartphone: the Galaxy S III.
 
The Galaxy S III has only been on the market since May, so that makes the feat even more astounding. Incredibly, the Galaxy S III's sales performance vastly outpaces that of its predecessor -- it took Samsung 14 months to cross the 30 million unit sales threshold with the Galaxy S II.
 
 
The Galaxy S III played a big roll in Samsung's blockbuster Q3 earnings report. The South Korean company saw $7.4 billion in profit (up 90 percent from the same period a year ago), which was mostly buoyed by 56.3 million smartphones shipped during the quarter.

Samsung has also struck a cord with audiences with its humorous television commercials that poke fun at rabid Apple fans that wait in long lines to purchase the latest iDevice.

Source: BusinessWeek





"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA



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