An unexpected decline in demand for
Apple’s (
AAPL) latest iPhone model was one of many rumors floated by analysts in the fourth quarter as
big hedge funds dumped Apple shares for billions in profit. Apple’s stock plummeted 30% during the sell-off, but speculation surrounding iPhone 5 sales was way off base according to a new report. Market research firm Strategy Analytics on Wednesday issued a report suggesting Apple’s
iPhone 5 overtook the Samsung (
005930)
Galaxy S III by a wide margin in the fourth quarter to become the best-selling smartphone in the world.
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