Apple wasn't kidding when it warned of slower iPhone sales. The Cupertino, California, company had a nice run in which it led smartphone market share in the U.S. for 11 straight months, but all that changed in March.
According to Counterpoint Research, based in Hong Kong, Samsung dethroned Apple for the top spot in March with a 28.8 percent market share. Apple took second place with 23 percent.
Related: Samsung's Galaxy S7 is already selling far better than the S6, according to analysts
Samsung's success was mostly due to the early March launches of the Galaxy S7 and S7 Edge. Major phone launches usually drive sales right away, but it appears Samsung is off to an even better start this year. Last year, when the Galaxy S6 and S6 Edge were released in April 2015, Samsung couldn't even muster the top spot for that month.
Counterpoint also reported that this year's Galaxy phones are enjoying a 30 percent spike over last year. Analysts are also embracing Samsung. Couple that with Apple's warnings of slowed iPhone growth, and Samsung could be in for a nice ride.
But don't count your chickens before they hatch because Apple's iPhone SE didn't become available until the end of March. It might not be a blockbuster phone for Apple, but the company did say that sales were higher than expected.
Let's not forget LG Electronics, which came in third during the month of March with a 17.1 percent market share. Its G5 flagship phone wasn't released until early April.
Related: The Apple iPhone SE gamble paid off — sales of device are outstripping supply
Does Samsung have the muscle to stay on top until the iPhone 7 is released?
Source: Apple's streak ends as Samsung seizes U.S. smartphone crown for March
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