New Delhi: Riding on the success of its iPhone 12 collection, Apple captured 42 per cent market share (by worth) within the world smartphone market that posted a report $113 billion in gross sales for the primary time within the first quarter (January-March) this 12 months, in line with a brand new report.
Samsung regained its high spot because the world’s greatest authentic tools producer or OEM (by quantity) with shipments reaching 76.8 million models in Q1 2021, in line with Counterpoint Research.
Global shipments grew 20 per cent (YoY), reaching 354 million models, led by OPPO, Vivo, Xiaomi and Apple.
“Apple captured a record first-quarter revenue share driven by the strong performance of the iPhone 12 Series and demand spill-over from the previous quarter due to delayed launch. The popularity of its higher-end variant, the Pro Max, in countries like the US and Europe also boosted Apple’s revenue growth,” stated Senior Analyst, Harmeet Singh Walia.
Strong demand for the iPhone 12 collection has helped Apple log March quarter report for iPhones at $47.9 billion, rising 66 per cent year-over-year.
The iPhone efficiency was persistently robust the world over as Apple grew robust double digits in every geographic phase and set March quarter data in most markets, in line with the corporate.
“Xiaomi, OPPO and Vivo also clocked record shipments and revenues this quarter, helped by capturing Huawei’s share globally and significant 5G uptake in China. Flagship series such as Mi 11, Find and X60 drove this uptick, respectively,” Walia stated in a press release late on Thursday.
Samsung regained the highest spot with the profitable launch of the Galaxy S21 collection, with pent-up demand throughout Europe, US, Korea and different markets, in line with Senior Analyst Varun Mishra.
Samsung’s push into the mid-end phase with its profitable A-Series gadgets was one other main driver.
In the meantime, semiconductor shortages have affected the general provide panorama and elevated the lead instances of chipset options for main distributors.
“However, we see these vendors looking to diversify their foundry strategy to alleviate chipset shortages in the second half of this year,” stated Tarun Pathak, Research Director at Counterpoint Research.
“These shortages might push specific component prices up by 5-10 per cent and OEMs will look to absorb these cost increases by being creative with the Bill of Materials (BoM) and in some cases might even pass the added costs to the consumers,” he added.
Xiaomi’s report smartphone shipments of 48.5 million smartphones had been pushed by markets like China, India, Spain, Italy, Russia and Indonesia.
OPPO had a report quarter each by way of income and shipments. OPPO shipped 38 million models globally, rising at a staggering 70 per cent (YoY).
vivo’s shipments grew by 64 per cent (YoY) to achieve its highest ever, 35.5 million models, in Q1 2021 pushed by progress in China, the report famous
