iPhone made up half of the North American smartphone market in Q1

Apple's iPhone accounted for 51% of total smartphone shipments in North America in the first quarter of 2022, buoying the handset market amid economic concerns.

Smartphone shipments in North America reached 39 million units in Q1 2022, up 3.7% year-over-year. Apple's own handset segment grew 19% over the same timeframe and the iPhone has achieved a 51% market share in the first quarter.

The strong demand for Apple's iPhone 13 lineup was a key driver of the North American smartphone market, according to analyst Brian Lynch.

"With global demand more uncertain, Apple has shifted more devices back into North America after prioritizing other regions in Q4 2021, allowing it to greater fulfill demand and deliver on backorders from the previous quarter," Lynch said. "In addition, the launch of the latest edition of the iPhone SE offers an affordable option for many of North America's fiercely loyal iOS users."

Samsung came in second with 27% of the market, representing annual growth of 1%. Lenovo ranked third with 56% year-over-year growth, but it only had 10% of the market in Q1 2022.

Going forward, Canalys forecasts that high inflation prices will put an "enormous amount of pressure" on carriers in North America. However, heavy discounting and high trade-in values could be used to lure in and retain customers, which will ease pressure on the high-end smartphone market.

3 Comments

foregoneconclusion 2857 comments · 12 Years

About 2 years ago

It's inflation PLUS price gouging that is the problem in the United States.

"In the fourth quarter of 2021, corporate profit growth did slow sharply, rising just 0.7% from the previous quarter. Still, in every quarter of 2021, U.S. corporations’ overall profit margin remained above 13%, a level reached during only one previous quarter in the past 70 years."

https://fortune.com/2022/03/31/us-companies-record-profits-2021-price-hikes-inflation/

Beats 3073 comments · 4 Years

That’s it? Let’s get to 70%+ soon. iPod did not allow this many knockoffs to take that much market share.

What is iPad estimated to have?

davidw 2119 comments · 17 Years

foregoneconclusion said:

It's inflation PLUS price gouging that is the problem in the United States.

"In the fourth quarter of 2021, corporate profit growth did slow sharply, rising just 0.7% from the previous quarter. Still, in every quarter of 2021, U.S. corporations’ overall profit margin remained above 13%, a level reached during only one previous quarter in the past 70 years."

https://fortune.com/2022/03/31/us-companies-record-profits-2021-price-hikes-inflation/

You need to read a less bias article that isn't catering to Democrats and specially progressive ones, that will stop at nothing to keep the blame for inflation away from the current administration. Like this article .

https://reason.com/2022/04/20/whos-really-to-blame-for-inflation/

And guess who besides the wealthy stock investors are hugely benefiting from this so call .... "corporate greed".

https://www.politico.com/news/2022/04/28/californias-budget-surplus-has-exploded-to-68b-00028680

>California’s swelling coffers mark a sharp reversal from early in the pandemic, when unemployment spiked and officials braced for steep budget cuts. Instead, a booming stock market and tech sector have brought in record revenues, even as Californians with lower incomes contended with job losses and sky-high housing costs.<

https://www.politico.com/news/2021/07/07/states-financial-status-pandemic-498403

CA do not have a "long term" capital gains tax rate or "qualify" dividend tax rate. All capital gains and dividends are taxed as ordinary income.

CA State workers pension fund CalPERS, is he biggest pension investment fund on Wall Street. It's bigger than a lot of hedge funds.

https://www.benzinga.com/trading-ideas/long-ideas/21/08/22570838/largest-us-pension-fund-trimmed-positions-in-apple-facebook-google-tesla-in-q2-and-loade

“Some regard private enterprise as if it were a predatory tiger to be shot. Others look upon it as a cow that they can milk. Only a handful see it for what it really is--the strong horse that pulls the whole cart.”

― Winston Churchill