The crown of the world’s number One mobile company has been snatched away from Apple. Now again South Korean company Samsung has won this title.
The crown of being the world number one mobile company has been snatched away from the giant tech company Apple. Apple’s smartphone shipments have declined by 10 percent in the first quarter of 2024. Information was given in the report of research firm IDC.
News agency Reuters, quoting the IDC report, said that between January and March, global mobile shipments increased by 7.8 percent to 289 million. At the same time, the market share of Korean company Samsung has been 20.8 percent, which is more than Apple.
iPhone sales declined
Apple’s iPhone sales have seen a decline after a strong performance in the December quarter. Apple became the world’s number one mobile company by defeating Samsung in the October-December quarter. But in the last quarter, the company has again come to second place with a market share of 17.3 percent.
Chinese company at number three
Chinese mobile brand Xiaomi remains at the third position with a share of 14.1 percent in the first quarter of 2024. At the same time, there has been an increase in the market share of other Chinese brands like Huawei.
Why did Samsung’s market share increase?
Samsung launched its latest flagship smartphone lineup – Galaxy S24 series at the beginning of the year. More than 60 million phones have been shipped during this period. Apple shipped 50.1 million iPhones in the third quarter, down from 55.4 million units in the same period last year. Let us tell you, the decline in the shipment of Apple mobiles has come after the Chinese government decided to limit the use of Apple mobiles in Chinese companies and government agencies.
