Global smartphone sales fell in 2019, Apple, Xiaomi gained: Gartner
4 years, 10 months ago

Global smartphone sales fell in 2019, Apple, Xiaomi gained: Gartner

Live Mint  

New Delhi: Global sales of smartphones to end users contracted in the fourth quarter of 2019, declining by 0.4 per cent, and for the full year 2019, smartphones sales declined by 1 per cent, Gartner said on Tuesday. "The year 2019 ended a little better than expected, due to slightly improved performances from North America and emerging Asia/Pacific," said Anshul Gupta, senior research analyst at Gartner. After four consecutive quarters of decline, Apple's iPhone sales returned to growth, with an increase of 7.8 per cent in the fourth quarter. "While the COVID-19 outbreak will impact smartphone demand negatively in China in the first quarter of 2020, we do not expect a demand contraction in the international smartphone market during that period," said Zimmermann.

India China Apple Cent Quarter Gartner 2019 Smartphones 2019 Smartphones Sales Smartphones Sales  demand  global  2019  smartphones  sales  xiaomi  fell  iphone  cent  apple  gained  quarter  fourth  position  gartner  smartphone

History of this topic

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
2 weeks, 6 days ago

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say

The Hindu  

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter. ChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval before public release, forcing Apple to seek local partners for its AI …

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024
1 month, 3 weeks ago

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024

India TV News  

The Indian smartphone market grew 5.6 per cent year-on-year in Q3 2024, with shipments reaching 46 million units, according to IDC's data. Apple recorded its highest-ever quarterly shipments in India, capturing an 8.6% market share, up from 5.7 per cent in Q3 2023. Surge in 5G Smartphone Shipments 5G smartphones accounted for 83 per cent of total shipments, up from …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 3 weeks ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

Apple vs Samsung: See which smartphones Indians are buying
1 month, 3 weeks ago

Apple vs Samsung: See which smartphones Indians are buying

Hindustan Times  

Apple's market share in India has expanded while rival Samsung has struggled with its sales numbers taking a hit yet again, showed data from market intelligence firm International Data Corporation. Apple's market share grew by 58.5% year-over-year for the third quarter of 2024, while Samsung's market share fell by 19.7% year-over-year for the same period. She added that the launch …

China's smartphone shipment grows to 68.8m in Q3, records growth
1 month, 3 weeks ago

China's smartphone shipment grows to 68.8m in Q3, records growth

China Daily  

By Fan Feifei | chinadaily.com.cn | Updated: 2024-11-14 11:23 Nubia Technology unveils its latest handsets for gaming and esports enthusiasts, the Red Magic 10 Pro series. China's smartphone shipments increased in the third quarter of the year, fueled by a surge in device upgrades driven by sustained pent-up demand, according to a report from global market research company, International Data …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 4 weeks ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
5 months, 1 week ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Sales of iPhone fall to three-year low as Apple’s popularity drops in China
5 months, 1 week ago

Sales of iPhone fall to three-year low as Apple’s popularity drops in China

The Telegraph  

Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models. However, the company saw another sales drop in China, where it has struggled in recent months as local rival Huawei has overcome US microchip sanctions to launch new high-end phones. Overall, however, Apple’s sales …

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024
5 months, 1 week ago

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024

The Hindu  

Chinese smartphone player Xiaomi has bagged the leading place in Q2 2024 with an 18.9% shipment share, closely followed by Vivo with 18.8% and Samsung with 18.1% share, noted Counterpoint Research. Nothing became the fastest growing brand in H1 2024, with 567% yoy growth in shipments due to new models like Phone 2a and CMF Phone 1, claimed Counterpoint. In …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months, 3 weeks ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report
5 months, 3 weeks ago

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report

India TV News  

Global smartphone shipments have reportedly increased by 6.5 per cent in the second quarter of 2025, which will be driven by Samsung Electronics and Apple. Global smartphone shipment in the second quarter As per the Reuter report, it is marked as the fourth consecutive quarter of growth in global shipments, in which smartphone manufacturers are leveraging artificial intelligence to attract …

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot
5 months, 3 weeks ago

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot

ABP News  

The global smartphone market saw a significant upturn in the second quarter of 2024, with sales increasing by six per cent compared to the same period last year. Samsung Leads Market Share, Followed By Apple Several regions played a key role in driving this growth, particularly Europe and Latin America, where smartphone sales surged by over 10 per cent. Apple …

China's smartphone shipments reach 69.3m units in Q1
8 months ago

China's smartphone shipments reach 69.3m units in Q1

China Daily  

A consumer checks out an Honor smartphone at a store in Shanghai in January. WANG GANG/FOR CHINA DAILY BEIJING - China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it …

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset
8 months, 1 week ago

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset

NPR  

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest …

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
8 months, 1 week ago

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Associated Press  

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. …

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic
8 months, 1 week ago

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic

LA Times  

The sun is reflected on Apple’s Fifth Avenue store in New York. Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest drop in iPhone sales since the July-September period in …

China's smartphone market grows 6.5% in Q1
8 months, 2 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

China's smartphone market grows 6.5% in Q1
8 months, 2 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

Samsung overtakes Apple as top smartphone maker in Q1 2024
8 months, 3 weeks ago

Samsung overtakes Apple as top smartphone maker in Q1 2024

The Hindu  

April 15, 2024 10:06 am | Updated 10:08 am IST Apple’s smartphone shipments took a hit by about 10% in the first quarter of 2024, according to a report published by Reuters on Monday, citing data from IDC. During the January- March period, Samsung reportedly captured 20.8% of the market share, clinching the top smartphonemaker position from Apple. In the …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 3 weeks ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
10 months ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B
10 months, 3 weeks ago

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B

Hindustan Times  

After successive tough few quarters that saw Xiaomi lose significant chunk of their market share, Muralikrishnan B, president of Xiaomi India, decided in July 2023 that it was time for a no-compromise approach towards reconstructing the tech company’s India business. Xiaomi India president Muralikrishnan B “At the beginning of 2023, is when we realised a few things haven’t gone as …

Apple gets record shipments in India. This iPhone is sold most
10 months, 4 weeks ago

Apple gets record shipments in India. This iPhone is sold most

Hindustan Times  

In the October- December quarter, Apple achieved record shipments in the Indian smartphone market, capturing a 7 per cent market share, according to Canalys research. The report says that Indian smartphone vendors capitalised on robust festival season demand, propelling Q4 shipments to an impressive 3.89 crore units, representing a substantial 20 per cent year-on-year rebound. Additionally, discounts on the previous-generation …

Apple's China sales tumble highlights waning clout as local brands gain
11 months, 1 week ago

Apple's China sales tumble highlights waning clout as local brands gain

The Hindu  

Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying competition from domestic rivals, coupled with longer upgrade cycles as consumers spend more cautiously amid an economic slowdown, have stunted Apple's China growth, with sales there nosediving by 13% in the quarter ending …

Apple China sales lag overshadows quarterly profit, revenue beats
11 months, 1 week ago

Apple China sales lag overshadows quarterly profit, revenue beats

Live Mint  

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Wall Street had been targeting just under $96 billion in sales, a small year-over-year rise, according to LSEG data, compared with Apple's forecast of roughly $90 billion, which is $5 billion below last year's figure. Apple …

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips
11 months, 1 week ago

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips

Associated Press  

SAN FRANCISCO — Apple snapped out of a yearlong sales funk during its holiday-season quarter, propelled by solid demand for the latest model of its iPhone and still-robust growth in a services division facing legal threats that could undermine its prospects. The modest revenue growth announced Thursday as part of Apple’s October-December results ended four consecutive quarters of year-over-year sales …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
11 months, 1 week ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023
11 months, 3 weeks ago

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023

ABP News  

In 2010, a company other than Samsung last held the top position in the global smartphone market. This significant change is fueled by Apple's all-time high market share a first time at the top, says a report by International Data Corporation. According to preliminary data from IDC's Worldwide Quarterly Mobile Phone Tracker, 2023 witnessed a 3.2 per cent year-over-year decline …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
11 months, 3 weeks ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Apple dethrones Samsung to become world's top phone maker
11 months, 3 weeks ago

Apple dethrones Samsung to become world's top phone maker

Hindustan Times  

For the first time since 2010, Apple Inc has dethroned Samsung Electronics to become the best-selling smartphone company in 2023. Apple iPhone 15 plus Samsung, whose shipments slumped double-digits to 226.6 million, came in second, ahead of Chinese device makers like Xiaomi Corp. Apple iPhone 15 had a lukewarm reception in China, which is its biggest market in the world, …

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
1 year ago

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure

News 18  

BEIJING: Apple's iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the U.S. tech giant. The decline in Apple's sales was the primary catalyst for an overall double-digit drop in China smartphone shipments for the first …

Smartphones see a muted ’23, this year may be better
1 year ago

Smartphones see a muted ’23, this year may be better

Live Mint  

New Delhi: India’s smartphone market cooled for a second straight year in 2023, analysts polled by Mint said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by Mint said. However, helped by higher-priced …

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival
1 year ago

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival

Daily Mail  

iPhone 15 has already been called potentially 'the biggest flop in Apple's history' Ever since the first iPhone was unveiled more than 15 years ago, Apple has had a vice-like grip on the smartphone market. IDC estimates it sold 215 million in 2023 Apple released its iPhone 15 range in September, equipped with a USB-C charging port and new artificial …

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day
1 year, 1 month ago

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day

The Hindu  

Apple saw a decline in the value of smartphone sales during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. China's e-commerce platforms such as Alibaba and JD.com did not release sales figures for the Singles Day festival, having dropped the practice last year, although JD.com said the …

India’s smartphone market sees flat growth in September quarter
1 year, 2 months ago

India’s smartphone market sees flat growth in September quarter

Live Mint  

New Delhi: India’s smartphone market posted almost flat year-on-year growth during the second quarter of 2023-24, with shipments of 44 million units. Next year, we will see affordable 5G and foldable phones at the mid to premium end, but inflationary stress and longer refresh cycles may limit annual market growth in 2024,” said Navkendar Singh, assistant vice- president, devices research, …

China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 2 months ago

China iPhone sales strong, Apple tells investors as Huawei threat looms

The Hindu  

Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies and other local smartphone makers. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an …

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones
1 year, 2 months ago

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones

Associated Press  

Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter with a long history of steady growth that turned it into the world’s most valuable publicly traded company. The slight sales deterioration announced Thursday for the July-September period marked the end of Apple’s fiscal year — a stretch …

1.5 Million iPhones Were Sold In India During Festive Sales In October
1 year, 2 months ago

1.5 Million iPhones Were Sold In India During Festive Sales In October

News 18  

Apple continues to make merry in India and most of the demand is coming for the older iPhone models in the country once again. That’s right, millions of people have bought the iPhone 14, iPhone and even the iPhone 12 models over the past few weeks thanks to the special festive online sales. The details come via a report from …

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report
1 year, 4 months ago

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report

India TV News  

A recent report by market intelligence company TrendForce suggests that Apple's upcoming iPhone 15 series has the potential to challenge Samsung's long-standing position as the global market leader in smartphones. The global smartphone production industry has faced consecutive quarterly declines, with the second quarter of 2023 witnessing a 6.6 per cent drop, resulting in a total production of approximately 272 …

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report
1 year, 4 months ago

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report

The Hindu  

Global smartphone shipments are expected to decline by 6% to 1.15 billion units, the lowest in a decade. Regional macro risks extending smartphone replacement rates, and negative growth rates in Asia ex-China/India, North America, and China are likely being the biggest drivers of negative growth, Counterpoint said in a blog post. Asia is being seen as one of the major …

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments
1 year, 4 months ago

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments

India TV News  

Global smartphone shipments are predicted to experience a significant decline in 2023, reaching a 6% drop to approximately 1.15 billion units, marking the lowest point in a decade. Preliminary data from Counterpoint Research reveals that regional challenges have led to intensifying declines across emerging markets, contributing to record-high smartphone replacement rates. Nonetheless, there is a noticeable trend of growth in …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

New battles define a slowing Indian smartphone market
1 year, 4 months ago

New battles define a slowing Indian smartphone market

Hindustan Times  

Which brand is the number one smartphone maker in India at present? “Despite an overall decline in smartphone shipments, the 5G smartphone segment showed promising performance capturing 47% market share; up from 31% in Q2 2022,” says Shipra Sinha, analyst for Industry Intelligence Group at CyberMedia Research. Research firms IDC and TechInsights Inc in their reports peg Vivo as having …

Apple results show sales falling – but its big bet on services continues to pay off
1 year, 5 months ago

Apple results show sales falling – but its big bet on services continues to pay off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. By contrast, Cook told Reuters that Apple‘s iPhone sales in China grew by “double digits” and that …

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report
1 year, 5 months ago

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report

The Hindu  

Samsung leads the 5G smartphone market in India with a 24% market share, followed by OnePlus, noted CyberMedia Research ’s Q2 2023 data released on Friday. Meanwhile, smartphone market shipments declined 6% YoY, while the overall mobile market declined by 2% YoY. Premium segment recorded 9% YoY growth, the super-premium smartphone segment grew 95% and the uber-premium segment witnessed 133% …

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone
1 year, 5 months ago

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone

India TV News  

Apple's CEO Tim Cook announced that the company achieved record-breaking June quarter results in India, driven by strong iPhone sales. Apple's local manufacturing also achieved record-breaking success, with iPhone exports reaching Rs 10,000 crore in May, contributing to total mobile shipments of Rs 12,000 crore that month. Luca Maestri, Apple's CFO, highlighted an all-time revenue record for iPhone in India …

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 5 months ago

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth

Live Mint  

Apple is expected to see decline in iPhone sales due to cautious consumer behaviour and anticipation of new model. Apple is expected to witness a decline in iPhone sales during the April-June quarter, attributed to cautious consumer behaviour in a slow economy as the launch of a new model is anticipated. {{^adFree}} {{/adFree}} Apple, the world's most valuable company, is …

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report
1 year, 5 months ago

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report

The Hindu  

The global smartphone market declined 8% year-over-year in Q2 2023, making it the eighth consecutive quarter to witness YoY decline. The slowdown in growth can be attributed to the global smartphone market moving past its growth phase, consumer replacement cycles getting longer, convergence in device innovation, and the emergence of a more mature refurbished market for smartphones. Premium segment remains …

Apple opens store on China's WeChat platform
1 year, 5 months ago

Apple opens store on China's WeChat platform

The Hindu  

Tencent's WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm's retail channels in the world's second largest economy. The announcement by WeChat, China's dominant messaging app which also provides e-commerce, livestreaming, and payment services, said users would be able to buy Apple products including iPhones, …

Global smartphones market contracts even as inventories rise and consumers renew less often
1 year, 8 months ago

Global smartphones market contracts even as inventories rise and consumers renew less often

The Hindu  

The global smartphone market contracted even as major brands witness pile-up in inventories and consumers rethink renewing their handsets. The drop is seen as the weakest holiday-season quarter for smartphone sales in a decade as slower-than-expected recovery in China, and waning consumer confidence due to unrelenting market volatility dampened consumer spending. Consumers are choosing to renew less often but with …

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