Apple loses No.1 spot in global smartphone market to Samsung in Q1 2024

seekingalpha04-30

Apple (NASDAQ:AAPL) lost the top spot to Samsung (OTCPK:SSNLF) in the global smartphone market in the first-quarter of 2024, slipping to second place as it suffered from double-digit decline amid ...

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Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H"},"translate_title":"2024年Q1，苹果将全球智能手机市场第一的位置输给三星","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XIACF":1,"AAPL":1,"SSNLF":1},"content_text":"Apple (NASDAQ:AAPL) lost the top spot to Samsung (OTCPK:SSNLF) in the global smartphone market in the first-quarter of 2024, slipping to second place as it suffered from double-digit decline amid headwinds in its core markets, according to research firm Canalys. The iPhone-maker has seen its market share dip in China, losing ground to local rivals to Honor and Huawei Technologies. Huawei's flagship line of phones, running on a homegrown chip, have helped the company erode Apple's (AAPL) dominance in China's high-end smartphone segment.  Apple's (AAPL) smartphone shipments dropped 16% to 48.7 million units in the first-quarter, reducing its global market share to 16%. Samsung (OTCPK:SSNLF) regained the top spot with 60 million shipments, marking a fall of 1%. Xiaomi (OTCPK:XIACF) maintained third place with shipments jumping 33% to 40.7 million units. TRANSSION and OPPO rounded out the top five, shipping 28.6 million and 25 million units respectively.  Samsung (OTCPK:SSNLF) received a boost from updates to its A-series and early premium offerings. The company announced its Galaxy S24 lineup of phones in January with a host of new AI features, designed to help users with photography, communication, and writing in general. \"Samsung’s S24 launch reflects a pivotal moment in its AI and premium strategy, with the potential to reshape the industry,\" said Canalys Senior Analyst Sanyam Chaurasia. Overall, the worldwide smartphone market experienced a 10% year-on-year growth in the first-quarter, reaching 296.2 million units. The growth was fueled by new launches and improving macroeconomic conditions in emerging market economies. \"In 2024, vendors will maintain a cautious stance, focusing on wallet share, inventory management, and supply chain optimization,\" said Chaurasia.  Chaurasia believes exploring avenues to commercialize the generative AI wave remains crucial for all players within the device ecosystem.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431754378"}