Report According to , Apple had shown great strength in the last quarter of 2023. It left Samsung behind and became number-1. Now Apple’s market share has come down to 17.3% and it is in second position. Huawei’s market share has increased in the first quarter of 2024.
Xiaomi is at third position, which has captured 14.1% market share. According to the report, Samsung has benefited from the Galaxy S24 series. Earlier this year, the company had launched a new smartphone series. It has shipped 60 million phones in these three months. Counterpoint has already reported that
Global sales of Galaxy S24 smartphones have increased by 8% in the first three weeks of sales as compared to the Galaxy S23 series launched last year.
According to IDC, Apple shipped 50.1 million iPhones in the first three months of this year, which is less than the 55.4 million units sold during the same period last year. Sales of iPhones have declined in China. There has been a decrease of 2.1% compared to last year.
For Apple, China is one of its biggest markets. The decline in sales of iPhones there is a matter of concern for Apple. The ongoing tension between America and China is not hidden from anyone. While America tightened its grip on many Chinese apps, China has also banned its employees and private companies from using iPhones in their offices.