Chinese company Xiaomi now sells more smartphones than Apple

A Chinese smartphone maker just took a big bite out of Apple. 

Beijing-based Xiaomi shipped more smartphones worldwide than Apple during the second quarter of this year — edging past the iPhone maker for the first time, according to a report.  Xiaomi was responsible for 17 percent of all smartphone shipments during the April through June period, while Apple shipped 14 percent, according to the report by market analyst Canalys. Meanwhile, South Korean giant Samsung held onto the No. 1 spot, with 19 percent of shipments.