Global smartphone revenue: How India helped Apple dethrone Samsung, hit this iPhone ‘record’
Global smartphone revenue: How India helped Apple dethrone Samsung, hit this iPhone ‘record’
Apple led with a 50% share of global smartphone revenues, its highest-ever. Emerging markets like India contributed to its growth. Premium smartphone shipments grew by 8%, driven by foldables, GenAI, and Apple. Global smartphone market revenues declined by 2% to under $410 billion in 2023. Samsung lost its top spot to Apple in shipments and faced competition from Chinese OEMs. Chinese OEMs like Vivo and Oppo also suffered shipment and revenue declines.
Apple led with a 50% share of global smartphone revenues, its highest-ever. Emerging markets like India contributed to its growth. Premium smartphone shipments grew by 8%, driven by foldables, GenAI, and Apple. Global smartphone market revenues declined by 2% to under $410 billion in 2023. Samsung lost its top spot to Apple in shipments and faced competition from Chinese OEMs. Chinese OEMs like Vivo and Oppo also suffered shipment and revenue declines.
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Apple led with a 50% share of global smartphone revenues, its highest-ever. Emerging markets like India contributed to its growth. Premium smartphone shipments grew by 8%, driven by foldables, GenAI, and Apple. Global smartphone market revenues declined by 2% to under $410 billion in 2023. Samsung lost its top spot to Apple in shipments and faced competition from Chinese OEMs. Chinese OEMs like Vivo and Oppo also suffered shipment and revenue declines. 
