Apple’s iPhone 5 became the best-selling in the world in Q4 2012, outselling Samsung’s Galaxy S3, according to a new report from Strategy Analytics.

According to its research, Strategy Analytics said Apple shipped an estimated 27.4 million units worldwide during Q4, giving it 13 percent market share of all smartphones shipped. The research firm also said that Apple shipped 17.4 million iPhone 4S units for 8 percent smartphone share globally in the quarter.

“Apple’s iPhone 5 and iPhone 4S are currently the world’s two most popular smartphone models,” wrote Strategy Analytics.

Together, the iPhone 5 and iPhone 4S accounted for 1 in 5 of all smartphones shipped during the quarter.

The research firm estimates the Samsung Galaxy S3 came in third place with 15.4 million units shipped and a 7 percent market share.