Apple Scores Second Quarter Gains In Advance Of iPhone 6
NEW YORK (TheStreet) -- Apple
According to data from the firm's Mobile Lens/Mobile Metrix report, more than 173 million Americans owned smartphones in the second quarter, good enough for a 71.6% market penetration, up more than 4% from the first quarter results.
Apple saw a nearly 1% jump in market share over the three months ending in March, as Apple's share grew to 42.1% from 41.4% in the quarter. During the quarter, Apple shipped 35.2 million iPhones, on its way to generating $37.4 billion in revenue.
Read More: Here's What We Think We Know About the Next iPhone
Apple is expected to announce two, new, larger-screen smartphone models early next month. It's expected Apple will unveil a 4.7-inch model, as well as a 5.5-inch model at a special event reportedly scheduled for Sept. 9th.
Shares of Apple were up 1.21% to $95.63 in late morning trading in New York.
Samsung's market share saw an even bigger jump in the quarter - going to 28.6% from 27% market share. That corresponds with Samsung introducing its flagship Galaxy S5 in the quarter.
In the same period, the other handset makers on comScore's top 5 list all posted market share losses. LG dropped 30 basis points to 6.4%, Motorola lost 50 basis points to 5.9%, while HTC lost 60 basis points, coming in at 4.8%. Those results include HTC One (M8) flagship model released near the end of the first quarter. LG's high-end G3 and Motorola's budget Moto E handsets handsets both began shipping to the U.S. market late in the second quarter.
When it comes to mobile smartphone platforms, Google's
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The survey also measured the popularity and use of smartphone applications. Facebook
-- Written by Gary Krakow in New York.
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