The new figure shows steady but slow growth from the 46 percent reported by Apple more than a month ago.
Jony Ive, Apple's head of design, has harsh words for Xiaomi, whose smartphones look similar to the iPhone. Xiaomi's Hugo Barra says he should get over it.
In its second quarter after acquiring Nokia, Microsoft is paying the price for layoffs even as its other divisions continue to grow.
The company says it was able to double the amount of shipments on the premium side of the market and that it shipped nearly 17 million units worldwide in the third quarter.
News of continued growth in users and profit last quarter gets overshadowed by concerns over future spending on acquisitions, headcount and other items.
The iTunes Store raked in more revenue overall in fiscal 2014 than in the previous year, but digital music sales have declined, according to Apple's annual report filed with the SEC.
New York's attorney general releases a report detailing the impact of short-term rentals on New York City. Airbnb says the conclusions "rely on incomplete and outdated information."
Using a titanium dioxide gel, researchers make a battery that could one day allow electric cars to fuel up as fast as their gas-guzzling cousins.
An Orbital Sciences Corp. rocket laden with supplies for the ISS suffers a fiery first-stage engine failure before falling and exploding at a NASA flight facility.
The electronics giant blames higher marketing costs and lower handset sales prices for its fourth straight quarterly drop.