On A Day Where The Business News Just Does Not Quit: Apple Hits Another First -- Biggest US Phone Seller in the US -- One-Third Of New Phones: Apple

Apple overtakes Samsung to become largest mobile phone vendor in the US.

Link here to an AP story.

The launch of the iPhone 5 and the declining popularity of non-smartphones have made Apple the biggest seller of phones in the U.S. for the first time, re search firm Strategy Analytics said Friday.

The firm estimates that Apple shipped 17.7 million iPhones of all kinds to U.S. buyers in the October to December period, meaning it accounted for one in three new phones.

Samsung Electronics of Korea was close behind, shipping 16.8 million phones, including non-smart ones. Samsung has been the largest seller of phones to the U.S. market since 2008, Strategy Analytics said.

Worldwide, Samsung is still the biggest phone vendor with 23 percent of the market, according to another research firm, IDC. Apple is number three, with 9.9 percent of the market. In between sits Nokia with 17.9 percent. 

Something tells me Nokia will not be at #2 for long. 

AAPL is down slightly today (in a market that is surging). AAPL is selling at a P/E few high growth tech companies ever see (P/E - 10). Amazon, for example has a P/E of .... N/A -- because it has no earnings. Let's see what GOOG is doing: a P/E of 24. Facebook, 3,011. Yes, no typo. According to Yahoo!Financial, Facebook's P/E is 3,011. Zynga, a P/E of ... N/A. See Amazon. And so it goes.