Shipments of super premium foldable phones are set to double year-on-year (YoY) in 2024, with the segment witnessing a surge of new entrants, primarily from Chinese players, aiming to challenge market leader Samsung. According to Counterpoint Research, Samsung held a commanding 83 per cent share in the preceding year, down from 100 per cent the […]
A recent Morgan Stanley analysts’ note makes a crucial observation: should India maintain its growth trajectory while Chinese iPhone shipments remain stagnant, India could potentially surpass Chinese iPhone market by 2027 It’s no secret that Apple has been significantly ramping up its focus on India in the aftermath of Covid and facility-related disruptions in China. […]
Apple’s CEO Tim Cook revealed during Q1 earnings call that the tech giant experienced robust double-digit growth in the December quarter in India. This growth catapulted the company to yet another quarter revenue record in the nation, according to Cook. Despite India’s overall smartphone shipments maintaining a steady course at 152 million units in 2023, […]
Smartphone maker Realme intends to expand sales in India by 10 per cent this year as it strives to be one of the top five brands in the world, the company’s founder and CEO Sky Li said on Monday. Li, speaking at the launch of Realme 12 Pro Series 5G, said that the company’s expectations […]
Apple’s smartphone shipments in China fell 2.1 per cent in the fourth quarter of 2023 compared to the same time a year ago, hampered by increased rivalry from local rivals headed by Huawei, according to IDC statistics released on Thursday. The reduction highlights the hurdles that the US business has in its third-largest market, as […]
Indian smartphone vendors experienced 20 per cent year-on-year (YoY) rebound in Q4 2023, propelled by robust demand during the festival season, according to the latest Canalys research. The quarter saw a total of 38.9 million units shipped, showcasing the resilience of the market in the face of challenges. Maintaining its leadership, Samsung claimed the top […]
Apple has emerged as the leader in the global smartphone market for the year 2023, marking the first time since 2010 that a company other than Samsung has claimed the top spot. Apple’s performance in the fourth quarter of 2023 played a pivotal role in the reshuffling of the market dynamics. The tech giant’s shipments […]
A recent report from Jefferies analysts revealed a 30 per cent decline in iPhone sales in China during the first week of 2024. The dip highlights escalating competitive pressures from local contenders, including Huawei, posing a formidable challenge for the US company in one of its crucial markets. Jefferies’ analysis indicates that the drop in […]
As the year ends, industry analysts and retailers predict a lower shipment for Apple devices like Macs, iPads, AirPods and smartwatches in India even after the tech giant’s iPhone demand continues to surge, according to a media report on Thursday. The report underlined that Mac shipments will likely fall between 15 per cent and 18 […]
Apple has notched up a historic achievement in the Indian smartphone market. During the third quarter of 2023, the tech giant recorded its highest-ever quarterly shipments, exceeding 2.5 million units. This feat signifies a striking 34 per cent year-on-year (YoY) growth, marking a watershed moment for Apple’s presence in India. Amid India’s burgeoning smartphone landscape, […]
