With the release of its Galaxy S III last quarter, Samsung has a phone worthy of serious consideration next to the iPhone. With its 4G compatibility, huge HD screen, quad-core processor, and even a Siri-eque application called "S-Voice," the Android phone was well received by consumers, selling more than 10 million units in less than two months. Samsung's success with the Galaxy S III and the rest of its devices allowed the company to dominate second-quarter smartphone shipments. We'll have to wait until the iPhone 5 is released to see what Apple has up its sleeve with its first 4G LTE device. In the following video, Brenton runs through the shipment stats from IDC, which also underscore the dire situation facing another smartphone maker, Nokia.

Apple is the most influential company in technology and has delivered market-smashing returns for those lucky enough to invest in the company. However, with the impending release of the iPhone 5 and a rumored Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand new report that details everything you need to know. To get started, just click here now.

Brenton Flynn has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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