Apple’s smartphone shipments dropped about 10% in the 1st quarter of 2024, hurt by intensifying competitors by Android smartphone makers aiming for the major place, info from research business IDC confirmed on Sunday.
Worldwide smartphone shipments amplified 7.8% to 289.4 million units through January-March, with Samsung, at 20.8% market share, clinching the major phonemaker spot from Apple.
The Apple iphone-maker’s steep product sales decline will come just after its solid overall performance in the December quarter when it overtook Samsung as the world’s No.1 cell phone maker. It’s again to the next spot, with 17.3% market place share, as Chinese makes these as Huawei gain market place share.
Xiaomi, one of China’s top smartphone makers, occupied the 3rd posture with a market place share of 14.1% all through the initial quarter.
South Korea’s Samsung, which released its latest flagship smartphone lineup — Galaxy S24 series — in the beginning of the 12 months, delivered much more than 60 million telephones all through the time period.
International income of Galaxy S24 smartphones jumped 8%, in comparison to very last year’s Galaxy S23 collection all through their 1st a few weeks of availability, data company Counterpoint formerly mentioned.
In the first quarter, Apple shipped 50.1 million iPhones, down from 55.4 million models it transported similar time period past calendar year, in accordance to IDC.
Apple’s smartphone shipments in China shrank 2.1% in the last quarter of 2023 from a year before.
The drop underscores the issues going through the U.S. company in its third major market place, as some Chinese corporations and authorities companies limit employees’ use of Apple devices, a evaluate that mirrors U.S. government limitations on Chinese apps on safety grounds.
The Cupertino, California-primarily based corporation in June will maintain its Throughout the world Developers Meeting (WWDC), wherever it will spotlight updates to the computer software powering iPhones, iPads, and other Apple products.
Investors are intently watching for updates on synthetic intelligence growth at Apple, which has so far spoken small about incorporating the AI technologies into its gadgets. The business earlier this calendar year lost the crown as the world’s most beneficial enterprise to Microsoft.
