Samsung has announced that it has tallied the 100 millionth Galaxy S handset sold, in no small part thanks to the Galaxy S3's tremendous success throughout 2012. The Korea-based company has been steadily rising in the international smartphone market, far surpassing Apple in total market share thanks to its diversified selection of devices which cater to a wider range of consumers.
The official statement, which can be found on Samsung's Flickr profile, reads: "Samsung Electronics' flagship Galaxy S series surpassed the accumulated sales record of 100 million units from the supply side in only 2 years and 7 months after its launch in May 2010. Galaxy S III is selling at much faster rate of 30 million in 5 months and 40 million in 7 months, after becoming a million seller in only 50 days after its release last May."
The announcement continues, "Currently, its average daily sales are 190,000 units. The driving force behind Samsung Electronics' rise to the top on the global smartphone market is Galaxy S II which is gaining ground as a steady seller hitting the sales of over 40 million in only 20 months."
Notably, Samsung's main competitor Apple saw a decrease in stock thanks to "weak demand," according to the San Francisco Chronicle (SFC). Overall, Apple was forced to readjust its quarterly estimates to reflect the market's response to its iPhone 5 flagship device. The SFC explains, "Apple cut in half its original plan to order 65 million iPhone displays this quarter."
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