via Instagram According to analysts, Apple capitalized on Samsung's recent missteps and overtook Samsung as the world's top smartphone vendor during the final three months of 2016. Apple reported that the company sold 78.3 million iPhones in the fourth quarter, snapping a streak of declining sales. Fueled by iPhone 7 and 7 Plus sales, Apple captured 18 percent of the global market earning its highest revenue quarter ever. Overall global smartphone shipments grew 3% during 2016, hitting 1.5 billion due to stronger demand in developing markets like China and Africa.
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