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New iPhones boosted Appleâs revenue to more than $100 billion for the first time.
By Bloomberg News
28 Jan 2021
09:38
Image: Bloomberg
Record iPhone shipments pushed Apple to the No. 1 position in the global smartphone market as Samsung and Huawei Technologies lost significant ground, market research firms said on Thursday.
Canalys and Counterpoint estimate iPhone shipments jumped to roughly 82 million units in the last quarter, marking a new high for Apple and crowning it the leading smartphone vendor. Samsung slumped more than 10% to just over 62 million shipments in a period that was marked by the release of the first 5G-enabled iPhones. Xiaomi Corp., Oppo and Vivo filled out the top five while Huawei suffered a 41% drop after US sanctions deprived it of access to key suppliers and chipmakers.