Saturday 27 October 2012 | QTechnology

Apple Inc’s latest handset, the iPhone 5, is expected to be on sale in Costa Rica by December, according to sources close to the Q.

The iPhone 5 has already made it’s debut in Costa Rica, the retail chain Casa Blanca being the first to offer the smartphone. The retailer offered 50 units which were snapped up in the first day of sale on October 16.

 

In the smartphone market, Apple’ s Chief Executive Officer Tim Cook admitted that despite iPhone sales in the country enjoying a 38 percent annual rise, its latest handset, iPhone 5 hasn’t arrived yet, while its main rival Samsung Electronics Co introduced Google Inc’s Android-based system Galaxy III months ago.

About 60 percent of its Apple’s revenue comes from outside the United States.

Apple sold more than 5 million iPhone 5s in the first three days after its launch on Sept 21.

But Samsung, the South Korean company, now has double the number of global smartphone shipments of its US rival, and has earned record high quarterly profits from July to September, according to IT research company International Data Corporation

IDC said Apple sold 26.9 million iPhones during the quarter, while Samsung sold 56.3 million smartphones.