Samsung Galaxy S III smartphone sales pass 30 million - 13 WTHR Indianapolis

Samsung Galaxy S III smartphone sales pass 30 million

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SEOUL, SOUTH KOREA -

Samsung said Monday it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.

Samsung Electronics, the world's biggest mobile phone maker, launched the smartphone at the end of May, months before competitors began shipping the latest versions of their top phones.

When Apple Inc. unveiled the iPhone 5 in September, Samsung launched an advertising campaign poking fun at the new iPhone.

The South Korean firm said the S III is selling at a much faster rate than its predecessor announced a year ago, the Galaxy S II.

The runaway demand for high-end smartphones fueled record profits at Samsung in recent quarters while other consumer electronics firms were hit by the global economic downturn that dented demand for TVs and personal computers.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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