With its seminal iPhone, Apple ended Samsung Electronics 12-year run as the most important quantity vendor of smartphones worldwide, commanding a 20% share of the market in 2023, in accordance with knowledge from Worldwide Knowledge Corp.

Reuters:
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Samsung ended the yr with a 19.4% share, adopted by China’s Xiaomi, opens new tab, Oppo, and Transsion, preliminary knowledge from IDC’s Worldwide Quarterly Cellular Cellphone Tracker confirmed.

The change in rating comes after a tricky yr that noticed shoppers going gradual on smartphone upgrades because of broader macro uncertainty and excessive inflation.

Apple and Transsion have been the one manufacturers within the high 5 to document development in shipments final yr, when the market declined 3.2% to 1.17 billion models and hit a decade low.

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MacDailyNews Take: Much more spectacular whenever you notice that Apple solely sells premium iPhones whereas all the relaxation pad their numbers with low-end glorified function telephones.

“Hey, what sort of telephone is that?”

“It’s a Transsion.”

“A what?! You poor bastage.”
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