Listening to much of the tech press, you might get the impression Samsungâs new Galaxy S4 would further erode Appleâs share of the smartphone market. One Wall Street firm ended the week on a contrary note, telling investors iPhone sales in North America âremain resilientâ and Samsungâs Galaxy S4 is only selling slightly better than its predecessor.
The analyst firm Detwiler Fenton expects Apple will sell a cool thirty million iPhones during the June quarter amid expectation the nine-month-old handset would lose market share to its South Korean rivalâ¦
Our latest checks continue to indicate North American iPhone sales remain resilient, despite the high profile device launches from Samsung Electronics and HTC.
We believe [quarter-to-date] share at Verizon Wireless is only off a couple percentage points sequentially and that the iPhone 5 continues to garner a larger percentage of iPhone share.
The analyst also expects the iPhoneâs share at AT&T and Sprint âhas dropped slightly more thanâ Verizon due to the Galaxy S4.
Apparently, those greedy U.S. carriers had expected Apple to lose more market share in the June quarter, but were surprised learning that thus far Samsungâs S4 is up only 15 percent over G3 sales in North America.
He also predicts T-Mobile will sell around a million iPhones during the June period and tells investors North American carriers over-estimated the impact the Galaxy S4 would have on iPhone demand.
Due to the power of the Apple brand and the iPhoneâs resilience to competition, Apple has been able to maintain most of its U.S. share, the report has it.