Smartphone shipments fell 9% in Q2, but Apple iPhone remains in high demand despite inflation pressure
Summary
Apple had a 17% share of global phone shipments in Q2, up from 14% in the year-earlier quarter, Canalys said, noting that the iPhone 13 remains in high demand. Samsung has the largest share with 21% of the market, according to Canalys, but that was largely on the strength of shipments of its low-end A series phones that cost less than the iPhone 13. But the steady appetite for the iPhone 13 suggests phone revenues may be strong despite Maestris warning. "While component supplies and cost pressures are easing, a few concerns remain within logistics and production, such as some emerging markets tightening import laws and customs procedures delaying shipments," Zhu said. Xiaomi, Oppo and Vivo all suffered double-digit declines; they hold 14%, 10% and 9% global market share, respectively.
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