Market Overview

According To New Data, The Samsung S8 Is No 'iPhone Killer' Device

According To New Data, The Samsung S8 Is No 'iPhone Killer' Device

Samsung Electronic (OTC: SSNLF)'s flagship and high-end smartphone, the Galaxy S8 and S8-Plus, was deemed by some as being an "iPhone killer" device. But the release of recent data from comScore shows Apple Inc. (NASDAQ: AAPL) isn't falling behind to the S8.

ComScore released on Tuesday a ranking of market share for the three-month period ending March 2017 among total U.S. smartphone subscribers aged 13-plus. Apple's iPhone ranked top with a 44.5 percent market share, followed by Samsung at 28.3 percent, LG at 9.8 percent, Motorola at 4.2 percent and HTC at 2.2 percent.

However, Apple's iOS platform held on to a 44.5 percent market share which fell short of the 53.4 percent market share held by all Android devices combined. Microsoft Corporation (NASDAQ: MSFT)'s operating system held a 1.6 percent market share while BlackBerry Ltd (NASDAQ: BBRY)'s share stood at just 0.5 percent.

Apple's Share Could Be Even Bigger?

Heading into Apple's fiscal second-quarter report, some analysts suggested iPhone sales would come in below expectations based on the fact many consumers are waiting patiently for the release of the iPhone 8.

As Warren Buffett explained, many would-be iPhone users are patiently waiting to buy the new iPhone expected to be released by the end of the year. While hard to conclude, if these would-be buyers purchased a new iPhone in the past three months then Apple would see boosted sales and a greater market share.

"It's very hard to figure out how much people delay their buying of iPhones because of the launch of the new one in six months," Buffett explained.

Related Links:

7-Month-Old iPhone 7 Already Looking 'Long In The Tooth,' And It's Apple's Fault

Apple Investors Shouldn't Get Carried Away With Hopes For iPhone 8

Posted-In: comScore Galaxy S8 iPhone iPhone 8Top Stories Tech Media Trading Ideas Best of Benzinga


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