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Canaccord Genuity on Telecommunications Equipment: Apple and Samsung Combine For 50% of Smartphone Sales

June 5, 2012 3:21 PM EDT
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Canaccord Genuity on Telecommunications Equipment: Apple and Samsung Combine For 50% of Smartphone Sales

Analyst, T. Michael Walkley, forecasted that during latter 2012 and for 2013, Samsung and Apple would consistently combine for more than half of smartphone unit sales.

Q2 estimate for Apple (Nasdaq: AAPL) 27 million units sold or approx. 17% market share. Q2 Samsung units sold at 49.3 million or approx. 31.1%. Total 48.1%

Q3 estimates for Apple at 24.0 million or 14.1%. Samsung at 55.5 million or 32.5%. Total 46.6%.

Q4'12 estimate for Apple at 50.0 million or 22.3%. Samsung at 66.6 million or 29.7%. Total market share 52%.

Walkley predicts that FY12 total will be approx. 49.7% between the two companies, and will rise to 52.3% in FY2013.


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