Apple's iPhone breaks sales record as smartphone market recovers
Apple'siPhone has achieved record-high sales volume for a third quarter of the year, while the global smartphone market continues to recover.
Apple'siPhone has achieved record-high sales volume for a third quarter of the year, while the global smartphone market continues to recover.
Even as overall sales of smartphones continued to decline globally, premium models like the iPhone 15 Pro are predicted to have hit a new record with 6% growth year over year.
Given the longevity and user retention of the iPhone, new research says just over 50% of active smartphone users in the US are on iOS.
Apple's iPhone 13 series is continuing to see stronger-than-usual demand well into 2022, although one model isn't selling nearly as well as the others.
Global smartphone shipments fell 11% in the first quarter of 2022, while Apple slipped from the top spot in market share to second place behind Samsung.
Worldwide smartphone shipments grew 27% year-over-year in the first quarter, with Apple's iPhone shipments growing 41% year-over-year.
LG is to close its entire mobile business unit by July 31, and concentrate instead on components, connected devices, and smart homes.
Global smartphone shipments plunged 38% year-over-year in February and a broader COVID-19 sales slump is likely to continue, according to new analytics data.
This summer, Samsung Electronics reported a 22 percent drop in mobile revenues and a 34 percent collapse in year-on-year profits in its IM division, which includes smartphones, tablets, PCs, watches, and other products comparable to Apple's business. Over the same three months, Apple reported a greater than 17 percent increase in both its revenues and profits. Why is the world's largest phone maker by unit volume performing so poorly?
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