Apple and Samsung have dominated the top 10 smartphone list during the first quarter of 2024, with the iPhone 15 Pro Max coming out on top, accounting for 4.4% of total sales for the three months.
Apple has reported revenue of US$90.8 billion (A$137.34 billion) for its fiscal 2024 second quarter which ended on 30 March, down 4% year-on-year.
iPhone sales in China, the world's biggest smartphone market, fell 19.1% year-on-year in the first quarter of 2024, the technology analyst firm Counterpoint Research says.
About 11% of the smartphones sold during calendar year 2024 will be capable of using GenAI, the technology analyst firm Counterpoint Research says. adding that this estimate was higher than an earlier one made in December 2023. The figure was predicted to rise to 43% by 2027.
Global sales of battery electrical vehicles increased by 29% year-on-year in the third quarter of 2023, the technology analyst firm Counterpoint Research says.
Global smartphone shipments will drop to 1.2 billion units in 2023, the lowest level in almost a decade despite a 3% year-on-year increase to 312 million units in the final three months of the year, the technology analyst firm Counterpoint Research predicts.
The global smartphone market cooled further in the third quarter of 2023, with technology analyst firm Canalys saying it had undergone a fall of 1% year-on-year.
Global shipments of PCs amounted to 64.8 million units in the third quarter of 2023, the technology analyst firm Counterpoint Research says, adding that this represented a 9% year-on-year decline.
Global shipments of smartwatches increased by 11% year-on-year in the second quarter of 2023, after two quarters of decreases, the technology analyst firm Counterpoint research says, adding that India's shipments, which soared by 70%, being the primary driver for the market rebound.
Sales of feature phones in the US are rising, the technology analyst firm Counterpoint Research claims, adding that OEMs are increasingly entering agreements with carriers.
Taiwanese contract manufacturer Foxconn Technology Group has warned that it expects a drop in sales both during the current quarter and for the whole year.
There are more than four months to go until the end of the year, but technology analyst firm Counterpoint Research is already predicting that this year will be the worst for smartphone shipments in a decade.
Over the nine years from 2014 to 2022, India's production of mobile phones has grown to a cumulative two billion units, the technology analyst firm Counterpoint Research says, adding that this represents a compound annual growth rate of 23%.
Apple has recorded quarterly revenue of US$81.8 billion (A$124.5 billion) for its third fiscal quarter which ended on 30 June, a drop of 1% year-on-year, the company said on Thursday.
US smartphone shipments in the second quarter fell by 24% year-on-year, surpassing the fall for global shipments for the period which was 11%, the technology analyst firm Counterpoint Research says.
Global shipments of foldable smartphones are forecast to cross 100 million by 2027, the technology analyst firm Counterpoint Research claims, adding that Samsung and Apple are expected to dominate the market, even though the latter is yet to release a foldable phone.
Global shipments of smartphones have fallen again in the second quarter, with the technology analyst firm Canalys saying the decline was 11% year-on-year, but providing no numbers. This was the sixth consecutive quarter of decreasing shipments.
Shipments of foldable smartphones grew by 64% year-on-year in the first quarter of 2023 based on sell-in volume, the technology analyst firm Counterpoint Research says, adding that this took shipments to a figure of 2.5 million units.
Despite discontinuation of a government subsidy, electric vehicle sales in China during the first quarter of 2023 have grown by 29%, the technology analyst firm Counterpoint Research says, without providing any actual numbers.
ANALYSIS One of the factors that the company behind realme smartphones relies on to sell its wares is price, with a surprising number of features offered for this amount.
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