News Summary: Samsung extends lead in smartphones

Last Updated: Fri, Jul 27, 2012 17:00 hrs

: IDC says Samsung has extended its lead over Apple in smartphones, in part because its new Galaxy phones came out before Apple updated its iPhone.

THE NUMBERS: Samsung Electronics Co. had a market share of 33 percent in the second quarter, up from 17 percent a year ago. Apple's fell slightly to 17 percent, from 19 percent a year ago. The drop is typical several months after the release of a new iPhone model.

THE MODELS: Samsung's Galaxy S3 phones got good reviews when it was released late in the second quarter. The current model, the iPhone 4S, came out in October. A new iPhone is expected this fall.

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