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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

Who spent more on ads in 2012, Apple or Samsung?

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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July 9, 2013, 1:20 PM ET
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FORTUNE — Okay, I’m confused.

Two weeks ago Ad Age issued a report that showed Samsung topping the list of the 10 fastest-growing ad spenders in the U.S., with total ad spending up 58% year over year.

Apple’s (AAPL) growth in ad spending didn’t make the top-10 cut.

Apple did make the cut in the chart Ad Age issued Monday of America’s 25 most-advertised brands. Cupertino came in 12th in the new chart, with ad spending up 21% year over year.

Samsung, whose spending was reportedly up 125% year over year, came in two spots behind Apple at No. 15.

That’s a little surprising, given that Ad Age reported two weeks ago that Samsung’s $4.3 billion worldwide ad budget in 2012 was four times bigger than Apple’s.

Moreover, how can Samsung’s ad spending be up 125% this week when two weeks ago it was up only 58%?

The answer to the second question may be in Ad Age’s fine print.

Monday’s report covered so-called “measured media,” which includes spending on TV, radio, print, outdoor and Internet display ads. The report two weeks ago also covered “unmeasured media,” an advertising term of art that includes Internet search, shelf placement, coupons, events and in-store promotions.

But that still leaves the mystery of how Samsung’s advertising department can outspend Apple worldwide by $3.2 billion, yet underspend Apple in the U.S. by $65 million.

Any theories?

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By Philip Elmer-DeWitt
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