By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Apple Takes Top Spot In First-Quarter Global Smartphone Sales
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Apple Takes Top Spot In First-Quarter Global Smartphone Sales
Business

Apple Takes Top Spot In First-Quarter Global Smartphone Sales

Last updated: April 14, 2025 5:52 pm
10 months ago
Share
SHARE



Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

WHY IT’S IMPORTANT

Counterpoint expects the smartphone market to decline this year, due to economic uncertainty and tariffs imposed by U.S. president Donald Trump.

Trump’s back-and-forth tariffs and escalation of global trade tensions has resulted in a worsening economic outlook and the possibility of stronger inflation.

A volatile macroeconomic environment can cause consumers to postpone the purchase of mobile phones, unsettling the supply chain and increasing trade risks which can negatively impact the market, the report said.

KEY QUOTE

“As per our current estimates, the tariff announcement did not lead to a major demand increase because of the uncertainty around tariffs and policy. Since Tariffs were announced in April, it did not impact iPhone demand in Q1 2025,” said Ankit Malhotra, senior research analyst at Counterpoint.

BY THE NUMBERS

The global smartphone market grew 3% in the first quarter of 2025, but Counterpoint expects the overall market to decline this year.

Samsung followed Apple with 18% market share. Xiaomi also continued its sales momentum while vivo took the fourth spot and OPPO came in at fifth.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




Source link

You Might Also Like

Bharti Airtel share price to be in focus after subsidiary Airtel Money receives RBI’s NBFC license — Details here | Stock Market News

Access Denied

Amazon shares fall for 10th straight day, down over 1% at 9-month low; shed 18% in February | Stock Market News

Access Denied

Access Denied

TAGGED:appleApple Sales first quarter 2025iPhoneSmartphone sales 2025Trump Tariffs 2025
Share This Article
Facebook Twitter Email Print
Previous Article Goldman Sachs is about to report first-quarter earnings
Next Article Unemployment fears hit worst levels since Covid as tariffs fuel inflation outlook, Fed survey shows

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS