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Did anyone say iPhone demand is dropping off? Raymond James analyst Tavis McCourt does not believe it. Apple’s (NASDAQ:AAPL) iPhone 4, iPhone 4S, and iPhone 5 have together outsold Samsung’s (SSNLF.PK) Galaxy S and Galaxy Note series of phones, according to McCourt’s findings. While Samsung’s smartphone, and now phablet, lineup has been “tremendously successful” over the years, the “sudden negative sentiment related to [the] iPhone” prompted McCourt to make the comparison. He charted out his findings to find that the fears of Apple doubters may have been unfounded.
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“We estimate Apple has sold approximately 219 million cumulative iPhone 4, 4S, and 5 devices (which excludes sales of the original iPhone, iPhone 3G, and 3GS) since the launch of the iPhone 4 in June 2010 vs. 131 million for Samsung’s Galaxy Series S and Note smartphones since the launch of the Galaxy S also in June 2010,” the analyst wrote in a note to investors, according to Barron’s.
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