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Apple is the 2nd most profitable smartphone vendor globally in Q1 2022


Apple was the second most profitable smartphone vendor globally in Q1 2022, in keeping with new information. The Cupertino firm falls behind Samsung, because the South Korean tech big has 23.4% of the worldwide market.

As proven by BanklessTimes, Samsung and Apple are battling for the highest producer slot within the smartphone sector. Samsung offered 73 million telephones in Q1 2022 whereas Apple was the second with 56 million iPhones offered – 23.4% vs. 18% of the market, respectively.

The report exhibits that Apple had a 2.2% bounce year-on-year. As well as, the Cupertino big was the one OEM within the smartphone sector to register optimistic progress as the worldwide smartphone market took an 8.9% dip.

Chineses Xiaomi, Oppo, and Vivo full the highest 5 smartphone suppliers by quantity.

global-market-smartphones-apple-samsung-9to5mac

Right here, it’s spectacular to see how Apple competes with manufacturers that promote a wider vary of smartphones – most of them being exponentially cheaper than the iPhone counterpart. For this reason one other analysis from Counterpoint Analysis from later final month confirmed that Apple’s the chief within the world premium market in Q1 2022.

The amount progress within the ultra-premium section was pushed by Apple and Samsung. The iPhone 13 Professional Max and the iPhone 13 Professional collectively captured over two-thirds of gross sales quantity inside the ultra-premium value section. This was pushed by sturdy quantity progress within the US, China, and Western Europe. In China, the gross sales within the >US$1000 value section grew 176% YoY in Q1 2022. The section alone captured over one-fifth of China’s smartphone market worth in the course of the quarter. Apple emerged as the largest winner from Huawei’s decline within the premium market. The premium market in China nonetheless holds potential, and can be pushed by upgrades, particularly by customers from Huawei’s massive put in base.

With the weak reception of the third-generation iPhone SE, we’ll have to attend and see how Apple will carry out with the brand new colours of the present iPhone 13 technology and the upcoming 4 new fashions of the iPhone 14 collection.

Are you excited in regards to the new iPhones? Share your ideas within the remark part beneath.

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