Apple becomes biggest smartphone seller with record 90.1 mn shipments

Apple becomes biggest smartphone seller with record 90.1 mn shipments
Share This :

Inc cornered nearly a quarter of the global smartphone market in the fourth quarter, making it the world’s biggest seller, while shipments for Huawei plunged as U.S sanctions against it took effect.

Data from research firm IDC showed Apple’s shipments surged 22 per cent to a record 90.1 million phones in the quarter, giving it global market share of 23.4 per cent.

The shipment data comes after the U.S. tech giant reported record holiday quarter sales on Wednesday, with revenue crossing $100 billion for the first time.

shipped its iPhone 12 lineup, its first 5G-enabled devices, several weeks later than usual, but an expanded number of models and new look tapped pent up demand for upgrades, especially in China.

Sales in Greater China, which includes Hong Kong and Taiwan, surged 57 per cent over the quarter.

“We had two of the top three selling smartphones in urban China,” CEO Tim Cook told Reuters in an interview, adding that “upgraders in particular set an all-time record in China.” took the top spot from Samsung Electronics which shipped 73.9

million devices over the quarter, a year-on-year increase of 6.2 per cent.

Huawei shipments tumbled 42.4 per cent in the quarter to 32.3 million, IDC said.

The Chinese tech powerhouse has been battered after the previous U.S. administration blacklisted it on national security grounds, preventing overseas from supplying it with key parts including semiconductors.

Huawei is now in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter have told Reuters, a move that could see the company eventually exit from the high-end smartphone-making business.

, Apple becomes biggest smartphone seller with record 90.1 mn shipments, Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Source link

Share This :