Apple posted its second-lowest year-over-year iPhone growth rate in almost four years as some buyers presumably held off on iPhone purchases in advance of an expected next-generation device launch this fall. Nonetheless, the 31.2 million iPhones Apple shipped last quarter was impressive as its flagship iPhone 5 model, which has been in the market for three quarters, was faced with additional global competition in the form of Samsung's Galaxy S4 and HTC's critically-acclaimed One models. Apple's growth is likely to accelerate globally assuming it launches a lower-cost iPhone and continues to penetrate prepaid markets in the quarters to come.
LG sustained its momentum from the first quarter of 2013 with total shipments more than double the volume from a year ago for the second consecutive quarter and staying slightly ahead of the competition to retain the number 3 position. More importantly, the company realized a profit from its steady diet of Android-powered smartphones, a feat that very few Android vendors have been able to realize. Now that LG has reinvigorated its product portfolio with the Nexus 4 and the Optimus G Pro, the company is aiming to branch out further into the high end with its upcoming G2, and into the mass market with its L-Series II and F-Series smartphones.
Lenovo returned to the smartphone Top 5 after a two-quarter absence, reaching double-digit shipments in the process. Its volume for the quarter was driven in large part by shipments to 3G operators in China where it is based. A variety of its LePhone brand family phones, such as the A728t, were among its popular models last quarter. Lenovo hopes to build on its recent success with international diversification efforts that will lead it to regions like Latin America in coming quarters.
ZTE finished among the smartphone leaders for the fourth straight quarter thanks to its success in the Asia/Pacific region. ZTE hopes to remain a smartphone stalwart, which is why it has set a goal of 50 million smartphone shipments this year. The company is trying to reach its goal in part by selling 11 LTE-enabled smartphones. Also, ZTE is selling higher-cost products in a wider variety of countries including India where it recently launched six new smartphones, such as the Grand X, this month. we are doing mobile wholesaler in chennai.