As smartphone markets all across the globe wither away, China saw only two manufacturers pick up any new growth so far in 2023 — and Apple is one of them.
Research claims that while the entire market's smartphone profits declined by around a tenth in 2019, Apple continued to dominate with 66% of all profits and the nearest competitor being Samsung on just 17%.
Apple's share of the global smartphone market fell year-over-year in the June quarter from 11.3% to 10.1%, attributable by a research firm mostly because of better performance by Chinese vendors and Korea's Samsung.
Apple saw the iPhone drop to 11.9% of the global smartphone market in the March quarter, even as Chinese rivals like Huawei bucked the industry's overall decline.
Perhaps beating Apple to the punch on where many people see the iPhone headed, two Chinese brands have teased the first smartphones without any physical buttons, or even any connector ports.
The iPhone is doing quite well in China, having led the local smartphone market in revenue — though not units — during the first half of 2018, according to one research firm.
Smartphone shipments in China are continuing to drop year-over-year. Not only is Apple holding on to estimated sales volume in the country, but the iPhone X and iPhone 8 Plus are both on the list of top five smartphones sold in the country.
It's not news that Apple is grabbing all the profits in the smartphone industry. But new data shows that Apple's most expensive new iPhone flagships are accomplishing this largely on their own, indicating that analyst chatter about smartphone users really wanting cheaper devices is totally delusional.
Data suggests China's smartphone decline worse than expected, Apple's iPhone pushed out of fourth place
The Chinese smartphone market was actually hit harder in the March quarter than a recent report suggested, dropping 21 percent year-over-year to 91 million units, according to a separate analysis.