Apple passed up by Samsung as world's top smartphone manufacturer

Financial reports reveal that Samsung has beaten out Apple as the world's leading manufacturer of smartphones.

A report on Reuters reveals that Apple has now been passed up by Samsung as the world's leading manufacturer of smartphones. The article notes during the period of July of this year to September, Samsung's mobile phones have experienced tremendous growth with a 44 percent increase in shipments.

"Samsung's rise has been driven by a blend of elegant hardware designs, popular Android services, memorable sub-brands and extensive global distribution," Strategy Analytics' Alex Spektor says. "Samsung has demonstrated that it is possible, at least in the short term, to differentiate and grow by using the Android ecosystem."

Samsung is "cautiously optimistic" that their growth with continue on into the fourth quarter.

You can read the original report on Reuters.

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