Apple's Global Smartphone Market Share Declines Despite Rising iPhone Shipments
9 Sources
[1]
Multiple Reports Suggest Apple Lags Behind The Global Smartphone Market, But Apple Intelligence Could Turn The Tables Next Quarter
Based on two recent estimates by IDC and Counterpoint Research, Apple appears to be lagging in the smartphone market, but the trend could see an uptick in the next quarter. While the global smartphone market grew by 6 percent in the second quarter, Apple saw the same level of performance
[2]
Global iPhone shipments are rising, but Apple is losing share to Chinese rivals
Both Apple and Samsung have increased their sales in Q4 2024 compared to a year earlier, but rising competition from China's Xiaomi and others mean the iPhone's market share has dropped. Apple appears to be turning around its problems in China, despite the increased competition from local brands,
[3]
Apple lags behind global smartphone market, but AI expected to drive Q3 demand - 9to5Mac
Both Counterpoint Research and IDC have published their latest estimates of the global smartphone market, each showing that Apple is lagging behind. The worldwide smartphone market as a whole grew by around 6% in Q2, while iPhone shipments were roughly flat year-on-year ... As is usual, the two
[4]
Apple : iPhone cede incremental share in the month of June By Investing.com
UBS analysts highlighted a challenging month for Apple (NASDAQ:AAPL) iPhone sales, noting that the company saw minimal growth compared to its competitors in June, according to preliminary data from Counterpoint. In their note, UBS pointed out that "iPhone unit sell-through was up roughly +1% in
[5]
Smartphone market rose in Q2 as Apple, Samsung benefit from premiumization trend - Reuters By Investing.com
Worldwide smartphone shipments increased by more than 6.5% in the second quarter, driven by Samsung Electronics and Apple (AAPL), a report from Reuters said on Monday, citing preliminary data from IDC showed. Despite the positives, a full recovery in demand is yet to arrive, adds Reuters,
[6]
Apple, Samsung Smartphone Shipments Up But Chinese Rivals Notch Bigger Gains
Apple benefited from an improved performance in China while Samsung's "strong AI strategy" was a boost for the South Korean company, IDC said. Global smartphone shipments by Apple (AAPL) and South Korea's Samsung rose in the second quarter from a year earlier, but their global market shares fell
[7]
Smartphone Sales Climb Thanks to Markdowns and AI
iPhone sales stabilized in the second quarter amid growth in the broader smartphone market. New data released Monday (July 15) by IDC shows a 6.5% increase in global smartphone shipments, while Counterpoint Research -- published Monday as well -- found a 6% increase in phone sales to
[8]
Apple, Samsung phone shipments rose in second quarter
Global smartphone shipments by Apple and Samsung Electronics rose in the second quarter, according to a closely watched industry tracker, but their shares of the overall market dropped amid competition from Chinese rivals. Quarterly shipments of Apple's iPhones rose 1.5% from a year earlier to
[9]
Apple Rides On Heavy Discounts And Promise Of AI To Stabilize iPhone Shipments, But It's Still Losing Out To Chinese Rivals - Samsung Electronics Co (OTC:SSNLF), Apple (NASDAQ:AAPL)
In the second quarter of 2024, both Apple Inc. AAPL and Samsung Electronics Co. SSNLF experienced a rise in smartphone shipments. However, the two tech giants saw a decrease in their overall market shares due to stiff competition from Chinese rivals. What Happened: The quarterly shipments of
Share
Copy Link
Apple faces challenges in the global smartphone market as Chinese rivals gain ground. Despite increasing iPhone shipments, the tech giant's market share is shrinking amid fierce competition and shifting consumer preferences.
Apple's Market Position in Global Smartphone Shipments
Apple, the tech giant known for its iconic iPhone, is experiencing a complex situation in the global smartphone market. While the company has seen an increase in iPhone shipments, it is simultaneously losing market share to its competitors, particularly Chinese smartphone manufacturers
1
.Rising iPhone Shipments Amid Market Share Decline
Recent reports indicate that Apple's iPhone shipments have been on the rise. However, this growth has not been sufficient to maintain the company's market share in the face of aggressive competition. The global smartphone market as a whole has shown signs of recovery, with overall shipments increasing in the second quarter of 2024
2
.Chinese Rivals Gaining Ground
One of the most significant challenges Apple faces is the rapid growth of Chinese smartphone manufacturers. Companies like Xiaomi, OPPO, and vivo have been expanding their presence in both domestic and international markets, offering feature-rich devices at competitive prices
3
.Premiumization Trend Benefits Apple and Samsung
Despite the overall market share decline, Apple, along with Samsung, has benefited from a "premiumization" trend in the smartphone industry. Consumers are increasingly opting for higher-end devices, which has helped sustain Apple's revenue stream despite the competitive pressures
5
.Related Stories
June Performance and Future Outlook
In June 2024, Apple experienced a slight dip in its market share, with the iPhone ceding some ground to competitors. This short-term fluctuation highlights the ongoing challenges the company faces in maintaining its position in the highly competitive smartphone market
4
.Innovation and Strategy
As Apple navigates these market dynamics, the company's future success will likely depend on its ability to innovate and adapt to changing consumer preferences. The upcoming iPhone releases and Apple's strategies to counter the growing competition from Chinese manufacturers will be crucial in determining its long-term position in the global smartphone market.
References
Summarized by
Navi
Related Stories
Global Smartphone Market Grows 6.5% in Q2 2023, Samsung and Apple Lead the Pack
15 Jul 2024
Apple's iPhone 16 Sales Surge Amid AI Integration, But Long-Term Impact Remains Uncertain
01 Nov 2024•Business and Economy
Global Smartphone Market Rebounds, But AI-Driven 'Supercycle' Fails to Materialize
27 Nov 2024•Business and Economy
Recent Highlights
1
OpenAI Pauses AI Model Training After Agents Hack Government Websites and Breach Security Protocols
Technology
2
Meta Unveils Camera-Free AI Glasses and Muse Integration Amid Privacy Debate at Connect 2026
Technology
3
AI Researchers Sound Alarm: Companies Racing Toward Self-Improving Systems Despite Existential Risks
Policy and Regulation
Recent Highlights
Today's Top Stories
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.
