Galaxy S III dethrones iPhone 4S

Samsung’s new flagship smartphone Galaxy S III has overtaken iPhone 4S to become the world’s best-selling mobile phone in third quarter.Samsung Galaxy S III

According to research firm Strategy Analytics the phone may not hold this position in Q3 because iPhone 5 may sold twice as more. Neil Mawston, analyst at the firm said “Samsung’s Galaxy S III has proven wildly popular with consumers and operators across North America, Europe and Asia, however the new iPhone 5 would likely reclaim the top spot for Apple in the current quarter.”

Samsung is on quite a roll, first a record “31 percent+ of the global market in Q3, then clocking up 30 million+ channel sales of its flagship Samsung Galaxy S III, and more than three million in Galaxy Note II sales” writes TechCrunch.

Few reasons why the S III is a huge hit is because of its larger screen, according to Reuters, extensive distribution and gernerous subsidies and Maps. Oh how can we forget the Maps.

The Galaxy S III has taken 10.7 percent of the global smartphone market share in Q3 vs 9.7 percent for the iPhone 4S. The iPhone 5 — which was only released in late September —  took 3.6 percent of the market.

Reuters recently reported Apple contract manufacturer Foxconn saying it is “falling short of meeting the huge demand” for the iPhone 5. It remains to be seen whether Apple will be able to smooth out any ongoing issues with iPhone 5 supply to meet demand in Q4.

Apple has been dominating the top spot since more than two years. Analysts have estimated that Samsung sold 18 million S III models in the third quarter, compared with iPhone 4S sales of 16.2 million.

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