IPhone 8 and X propel Apple into smartphone lead over Samsung

  • IPhone 8 and X propel Apple into smartphone lead over Samsung

IPhone 8 and X propel Apple into smartphone lead over Samsung

"Many high-profile companies offered their widest product portfolio ever in hopes of capturing a greater audience". Huawei, Xiaomi, and OPPO round out the rest of the top 5, in that order, in Q4 2017. It seems that, for the last quarter of previous year, Apple managed to win the blue ribbon against eternal rival Samsung.

According to the latest research from Counterpoint's Market Monitor service, Samsung led the smartphone market by volume with a market share of 21 percent in the calendar year (CY) 2017.

Catch up with all of Apple's earnings news right here.

Overall global smartphone shipments touched a record 1.55 billion units in 2017.

Though IDC and IHS Markit had differing numbers for the fourth quarter of 2017, the result was the same: Apple handsets surpassed Samsung in shipments for only the second time in history. Throughout the year, the South Korean company is said to have shipped 317.3 million units, up 1.9 percent from the 311.4 million shipments in 2016.

Apple leads global smartphone market
Xiaomi Surges, Huawei Stumbles in Latest Smartphone Sales Rankings

"Apple shipments declined one per cent annually, however, the company became the number one smartphone brand during the quarter". Moreover, the launch, which at in Barcelona later this month, may even help the company win over both new and current customers this year.

iPhone sales slip 1 percent compared to the year-ago quarter despite all the hype surrounding the iPhone X. The Chinese brands were hit particularly hard by saturation in their home market, where penetration is high and models can often sell for the equivalent of $100 or less. Huawei shipped 153.1 million units, up 9.9% from the 139.3 million unit shipped in 2016. Recent aspirations for breaking into the U.S. market are on hold as both AT&T and Verizon recently cut ties to bring Huawei flagships to the U.S. Entering the U.S. through an official carrier remains critical for Huawei if it wishes to eventually dethrone market leaders Apple and Samsung. It doubled its share to 7 percent from 3.3 by focusing on growth outside of China, according to IDC - India and Russian Federation are its two largest markets, and it's dramatically expanded the number of its brick-and-mortar Mi Stores and Mi Service Centers. This comes as no surprise since the company has continued to focus on growth outside China, with India and Russian Federation being two of its largest markets. Huawei has been expanding its number of Mi Stores and Mi Service Centers, also in Indonesia. It's likely that the same issue applied to the industry as a whole, though a 9 percent drop in shipments is certainly notable either way.

Samsung commits to foldable OLED phones for 2018 Samsung Electronics has committed to launching a foldable OLED phone this year to cement its premium leadership for its revived mobile business, while it expects steady growth for its chip business. Apple experiences more of an ebb and flow, because it releases one new series of smartphones each year.

LG shipped 13.9 million smartphones which represented 4 percent market share, Lenovo (including Motorola) captured the 8th spot with a market share of 3 percent.