When it comes to global smartphone shipments, Samsung has been dominating the market since quite some time. However, the competition is intense between Apple and Huawei for the second spot.
Last year, for some time, Huawei overtook Apple for the second position in the global smartphone shipments, but Apple reclaimed the position soon after that. But the way Huawei is growing its business, it seems that the company will soon grab the second spot.
Also, the sales of Apple’s iPhones are no match to that of Huawei. According to a report from industry research firm OTR Global, Apple iPhone sales made up just 70 percent of all Huawei handset sales in the first quarter.
As per the report, Apple shipped between 37 million and 42 million iPhones, less than Wall Street predictions of between 40 million and 50 million, a recent investor note shows. Huawei’s financial report for the period claims the company managed to ship over 59 million smartphones, its highest ever first-quarter sales count.
This is largely a result of the declining demand for the iPhone upgrades and the sales of the iPhone XR, XS, and XS Max — the third current-generation smartphones, are not as high as the company anticipated. In fact, the older handsets like the iPhone 8 fared better in comparison to the newer models.
According to the research firm Canalys, Apple’s worldwide sales fell 7.3 percent from last year’s third to the fourth quarter. The company will be releasing its first-quarter financials later this month, with forecasts of a revenue tally between $55 billion and $59 billion for the period, an up to 35 percent drop from the $84.3 billion in the final fourth of last year.
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In a bid to attract more buyers for the company’s new iPhones, the US-based technology giant has started slashing the price of the smartphone, but that strategy is yet to yield results for the company.
(Via)
