Apple Surpasses Samsung: Tops Global Smartphone Shipments in 2023

Apple Surpasses Samsung: Tops Global Smartphone Shipments in 2023 | Enterprise Wired

Share Post:

LinkedIn
Twitter
Facebook
Reddit

In a historic turn of events, Apple has emerged victorious in the race for the most smartphone shipments in 2023, outpacing its long-time rival Samsung. According to IDC’s Worldwide Quarterly Mobile Phone Tracker, Apple secured the top spot with 234.6 million mobile shipments, surpassing Samsung’s 226.6 million. While IDC acknowledges the preliminary nature of its data, another research agency, Canalys, supports Apple’s triumph for the entire year.

Changing Tides: Samsung’s 13-Year Reign Comes to an End

IDC points out that the last time Samsung did not claim the annual throne was 13 years ago in 2010. At that time, Apple was not even in the top five; Nokia led the pack, followed by Samsung, LG Electronics, ZTE, and Research in Motion. The contrast highlights the profound shifts that have occurred in the smartphone industry over the past decade.

Apple’s Rise Fueled by Premium Devices

IDC’s Worldwide Tracker team research director, Nabila Popal, emphasizes that Apple’s ascendancy is notable not only for being the sole player in the top three with positive annual growth but also for securing the number one position for the first time. Popal attributes Apple’s continued success and resilience to the growing trend of premium devices, constituting over 20% of the market. Aggressive trade-in offers and interest-free financing plans further fueled Apple’s triumph.

Intense Competition and Huawei’s Growing Strength

While Apple played a crucial role in dethroning Samsung, it faced formidable competition from other Android manufacturers like Huawei, OnePlus, Honor, and Google. Canalys warns that Huawei’s “improving strength” could pose a challenge to Apple’s growth, particularly in the Chinese market. Reports from the previous year suggested that Huawei had overcome US sanctions by incorporating an advanced 7nm processor into its Mate 60 Pro smartphone, capable of achieving 5G speeds.

Signs of Market Recovery

Despite an overall decline of 3.2 percent in smartphone shipments in 2023 compared to 2022, there are positive indicators that the market may be on the path to recovery. IDC reports an 8.5 percent year-on-year growth in shipments for the fourth quarter, while Canalys observes an 8 percent growth after seven consecutive quarters of decline. These optimistic figures suggest a potential rebound for the smartphone industry after a period of stagnation.

In conclusion, Apple’s groundbreaking achievement in surpassing Samsung’s annual smartphone shipments marks a significant milestone in the ever-evolving landscape of the global smartphone market. The intense competition and shifting dynamics underscore the industry’s resilience and capacity for transformation, promising an intriguing future for both manufacturers and consumers alike.

Also Raed: Samsung Electronics Projects 35% Drop in Q4 Operating Profit

Subscribe

RELATED ARTICLES

Mortgage Rates Hit Lowest Point Since March, Spurring Refinancing Surge But Leaving Homebuyers Unmoved

Mortgage Rates Hit Lowest Point Since March, Spurring Refinancing Surge But Leaving Homebuyers Unmoved

Source-livemint.com Mortgage rates fell to their lowest level since March last week, igniting a sharp increase in refinancing activity, although…
NASA Cancels VIPER Moon Rover Program Amid Rising Costs

NASA Cancels VIPER Moon Rover Program Amid Rising Costs

Source – smithsonianmag.com smart news VIPER Mission Scrapped NASA has officially canceled its VIPER moon rover program due to escalating…
TSMC Exceeds Q2 Expectations Amid Soaring AI Chip Demand

TSMC Exceeds Q2 Expectations Amid Soaring AI Chip Demand

Source – communicationstoday.co.in Strong Financial Performance Taiwan Semiconductor Manufacturing Company (TSMC) surpassed revenue and profit expectations in the second quarter,…
Ford Expands Super Duty Truck Production to Canadian Plant

Ford Expands Super Duty Truck Production to Canadian Plant

Source-Detroitnews.com Investment and Expansion Plans Ford Motor Company has announced a major expansion in the production of its large Super…