Apple (NASDAQ:AAPL) Closing price $527.00
Apple will likely see Samsung’s (SSNLF) lead over it in smartphone sales widen in 2013 by about 35 percent, said the market researcher Strategy Analytics to Reuters on Friday. The large array of products that Samsung currently offers should help growth, said the analysts, as Neil Mawston, executive director, commented that “We expect Samsung to slightly extend its lead over Apple this year because of its larger multi-tier product portfolio.” For its part, Apple might launch a smaller, cheaper “iPhone Mini” during the year, which should help take market share by aiming at demand from users of lower-end smartphones.
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