Despite the quarterly decline, Samsung continues to lead the global smartphone market
Not everything was sunny and unicorn. However, while global shipments of smartphones overall were down seven percent from the previous quarter. According to Counterpoint, persistent shortages of ingredients and ongoing Covid-19 restrictions in Asia and Europe are largely responsible for the decline.
Apple shipments iPhone down 18 percent quarter-on-quarter but 30 percent year-over-year as demand for the iPhone 12 series continues to rise. The company's prudent management and strong supplier relationships have largely helped protect it from an ongoing chip shortage, but interestingly To see how Apple moves things forward, especially if things don't work out soon.
Counterpoint's report, at least with respect to Apple, is largely in line with the company's latest earnings report. Another recent Counterpoint report focuses on the US market and OnePlus' success in the states. p>