Samsung Reports Record Earnings, Controls Smartphone Sales in 2012

Overall, 2012 was the most important year for smartphones to date. A study by Strategy Analytics published on Friday estimates a total of 700 million units sold last year – an annual jump of about 43-percent. However, the chief point of consideration is Samsung’s dominance with 30-percent of market shares worldwide versus Apple’s 19-percent and Nokia’s 5-percent.

Samsung shipped a record 213.0 million smartphones worldwide, which is the largest number of units ever shipped by a smartphone vendor in a single year. While their market share rose from 19.9-percent in 2011, Apple’s

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