January 2015

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Apple Ties With Samsung As World's Top Smartphone Vendor

Apple caught up with Samsung as the world's biggest smartphone vendor in the fourth quarter of 2014, thanks to booming sales of its new iPhone 6, market researcher Strategy Analytics said Thursday.

Apple reported a record net profit of $18 billion in the quarter, on the back of what the California tech titan described as "staggering" iPhone 6 sales -- especially in China.