Apple overtakes Samsung in smartphones for the first time since 2016

  • For the primary time since 2016, Apple overtook Samsung because the bestselling smartphone in This autumn of 2020.
  • The corporate was boosted by gross sales of the iPhone 12 and iPhone 12 Professional, a Gartner report advised
  • World smartphone gross sales fell 12.5% in 2020, though Xiaomi and Huawei elevated their market share.
  • Go to the Enterprise part of Insider for extra tales.

Apple overtook Samsung because the bestselling smartphone model within the final quarter of 2020, in keeping with analysts at Gartner.

It marked the primary time since 2016 that Apple had occupied the highest spot, with 20.8% of the market share.

Samsung took 16.2% of the market share however retained its place as the highest smartphone model in whole-year gross sales. Xiaomi, Oppo, and Huawei made up the remainder of the highest 5 for the final quarter of 2020.

Specialists advised Apple was boosted by the discharge of the iPhone 12 and iPhone 12 Professional in October and a decline in Huawei’s gross sales figures.

The Professional mannequin has continued to promote significantly nicely within the first fiscal quarter of 2021.

Apple reported document income of $111.4 billion and $65.6 billion in iPhone income after the discharge of its new fashions.

Samsung beforehand warned that competitors might have an effect on its fourth-quarter earnings when it posted document quarterly revenues of $59.05 billion within the third quarter of 2020.

Though smartphone manufacturers had a great closing quarter of 2020, the report mentioned smartphone gross sales declined 12.5% throughout the yr, with Samsung experiencing a year-on-year decline of 14.6%.

The smartphone market is not a two-horse race, with Huawei, Oppo, and Xiaomi all rising the market share in 2020.

Huawei led the second quarter of 2020 in keeping with a Canalys report however has since suffered because of commerce restrictions within the US.

After promoting almost 5 million extra smartphones than Apple within the third quarter of 2020, Chinese language firm Xiaomi elevated its market share to 10.8% in 2020 in comparison with 8.2% in 2019.