Samsung beats Apple in first smartphone shipments of 2024

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Samsung has been the top player in the global smartphone market for a while but, recently, the company briefly lost its crown to Apple. Now, though, it seems like things are back in Samsung’s favor.

In 2023, for the first time, Apple managed to ship more smartphones than Samsung had on a global scale. It wasn’t exactly a crushing defect, with Apple taking the edge by just 4%, but it was certainly notable. It also came on the back of Q4 performance where Apple had much better sales compared to Samsung.

According to data from Counterpoint Research shared by The Korea Times, Samsung beat out Apple by a narrow margin to kick off 2024. The company shipped 19.69 million smartphones in the first quarter of the year, beating Apple’s 17.41 million. Samsung, according to the report, currently holds 20% of the global smartphone market, while Apple has dropped down to 18%.

Further breaking down those numbers, Samsung’s share of smartphone shipments during the first quarter was 34% in Europe and 36% in the US, likely on the back of the Galaxy S24 launch. Apple’s share in the States during the same time period dropped down to 48%.

Will this suddenly reverse the ongoing battle between Samsung and Apple for the top global spot? Surely not. But it shows that Samsung has had a killer quarter, something the company will definitely want to continue, but that’ll all come down to the next several months…

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Samsung beats Apple in first smartphone shipments of 2024


Samsung has been the top player in the global smartphone market for a while but, recently, the company briefly lost its crown to Apple. Now, though, it seems like things are back in Samsung’s favor.

In 2023, for the first time, Apple managed to ship more smartphones than Samsung had on a global scale. It wasn’t exactly a crushing defect, with Apple taking the edge by just 4%, but it was certainly notable. It also came on the back of Q4 performance where Apple had much better sales compared to Samsung.

According to data from Counterpoint Research shared by The Korea Times, Samsung beat out Apple by a narrow margin to kick off 2024. The company shipped 19.69 million smartphones in the first quarter of the year, beating Apple’s 17.41 million. Samsung, according to the report, currently holds 20% of the global smartphone market, while Apple has dropped down to 18%.

Further breaking down those numbers, Samsung’s share of smartphone shipments during the first quarter was 34% in Europe and 36% in the US, likely on the back of the Galaxy S24 launch. Apple’s share in the States during the same time period dropped down to 48%.

Will this suddenly reverse the ongoing battle between Samsung and Apple for the top global spot? Surely not. But it shows that Samsung has had a killer quarter, something the company will definitely want to continue, but that’ll all come down to the next several months…

More on Samsung:

Follow Ben: Twitter/XThreads, and Instagram

FTC: We use income earning auto affiliate links. More.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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