• Tuesday, Dec 11, 2018
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Apple overtakes Samsung in shrinking smartphone market

  • Published at 01:12 am February 4th, 2018
Apple overtakes Samsung in shrinking smartphone market
Apple overtook Samsung in the fourth quarter as the largest smartphone producer in a declining global market for handsets, research firm IDC said. A survey by IDC showed Apple - which reported its quarterly data on Thursday - led all vendors with 77.3m iPhones sold, giving it a 19.2% market share. Even though Apple’s fourth-quarter unit sales were down 1.3% from a year earlier, it was able to move ahead of South Korea’s Samsung, whose 74.1m devices sold gave it a market share of 18.4%, IDC said. Huawei held the number three position with a 10.2% market share, followed by fellow Chinese makers Xiaomi and Oppo, with 7.0% and 6.8%, respectively, according to IDC. Overall smartphone sales were down 6.3% with 403.5m handsets shipped, according to the survey. IDC said the data showed consumers appeared in no rush to upgrade to the most expensive flagship smartphones from Apple and Samsung. “The latest flock of posh flagships may have had consumers hitting the pause button in the holiday quarter,” said Anthony Scarsella, an IDC research manager. Scarsella said these high-end devices “proved to be more of a luxury than a necessity among upgraders.” IDC analyst Jitesh Ubrani said that as the top brands expanded their offerings, “brands outside the top five struggled to maintain momentum.” Samsung, which reported a 4.4% decline in the fourth quarter, remained the top smartphone vendor for the full year with a 21.6% market share, to Apple’s 14.7%, IDC said. Overall smartphone sales for 2017 were virtually flat - down 0.1% at 1.47bn units, the report said.