Samsung's Galaxy S III surpassed the top selling Apple phone in August, selling 18 million units to a reported 16.2 million units for the iPhone 4S, according to Strategy Analytics. Apple launched the iPhone 5 in late September and reportedly sold 6 million units prior to the end of the third quarter.
Apple said it sold 26.9 million iPhones overall during the quarter, a 58% year-over-year hike.
Concur Technologies (CNQR) fell sharply, losing 4.96% to $61.74, after the company reported mixed quarterly results. The hosting software company earned 40 cents per share on $118 million in sales during its fiscal fourth quarter. Wall Street analysts were looking for 25 cents per share on revenue of $119 million. Concur gave mixed first-quarter guidance. It sees earnings per share of 30 cents on revenue of about $121.7 million. Wall Street analysts are looking for 25 cents per share on $125.6 million. Shares have rebounded from earlier in the session though when they traded as low as $57.70. Interested in more on Concur Technologies? See TheStreet Ratings' report card for this stock. --Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull
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