• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas/File Photo
Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas/File Photo
File photo: An influencer poses with Samsung's new Galaxy S24 Ultra model phones offering AI functions at the Galaxy Unpacked event in San Jose, California, U.S. January 17, 2024. REUTERS/Loren Elliott/File photo
File photo: An influencer poses with Samsung's new Galaxy S24 Ultra model phones offering AI functions at the Galaxy Unpacked event in San Jose, California, U.S. January 17, 2024. REUTERS/Loren Elliott/File photo
Home
Tech
Technology

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says

April 15th, 2024 | 01:54 AM TECH Technology 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Uber launches autonomous rides in Zagreb, its first in Europe
Payments firm Stripe to buy AI developer platform OpenRouter
Irish lawmakers summon TikTok over videos glorifying dangerous driving
Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal
By Reuters

Apple's (AAPL.O) smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

Global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung (005930.KS), at 20.8% market share, clinching the top phonemaker spot from Apple.

The iPhone-maker's steep sales decline comes after its strong performance in the December quarter when it overtook Samsung as the world's No.1 phone maker. It's back to the second spot, with 17.3% market share, as Chinese brands such as Huawei gain market share.

Xiaomi, one of China's top smartphone makers, occupied the third position with a market share of 14.1% during the first quarter.

South Korea's Samsung, which launched its latest flagship smartphone lineup - Galaxy S24 series - in the beginning of the year, shipped more than 60 million phones during the period.

Global sales of Galaxy S24 smartphones jumped 8%, compared to last year's Galaxy S23 series during their first three weeks of availability, data provider Counterpoint previously said.

In the first quarter, Apple shipped 50.1 million iPhones, down from 55.4 million units it shipped same period last year, according to IDC.

Apple's smartphone shipments in China shrank 2.1% in the final quarter of 2023 from a year earlier.

The drop underscores the challenges facing the U.S. firm in its third biggest market, as some Chinese companies and government agencies limit employees' use of Apple devices, a measure that mirrors U.S. government restrictions on Chinese apps on security grounds.

The Cupertino, California-based company in June will hold its Worldwide Developers Conference (WWDC), where it will highlight updates to the software powering iPhones, iPads, and other Apple devices.

Investors are closely watching for updates on artificial intelligence development at Apple, which has so far spoken little about incorporating the AI technology into its devices. The company earlier this year lost the crown as the world's most valuable company to Microsoft (MSFT.O).

  • Topic
  • APPLE
  • IPHONE/IDC (PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Uber launches autonomous rides in Zagreb, its first in Europe

Related Posts

Technology
August 19th, 2026

Uber launches autonomous rides in Zagreb, its first in Europe

Technology
August 19th, 2026

Payments firm Stripe to buy AI developer platform OpenRouter

Technology
August 19th, 2026

Irish lawmakers summon TikTok over videos glorifying dangerous driving

Technology
August 19th, 2026

Marvell gives Google option to buy $12.2 billion stake in custom AI chip...

Technology
August 19th, 2026

Nebius plans $4.5 billion convertible debt sale to fund data centers, AI...

Technology
August 19th, 2026

Analog Devices' quarterly forecast tops estimates on AI-fueled chip dema...

The Wire
Aug 20th 2 h ago
Media & Telecom

'Baby Shark' boy returns to stage as a K-pop singer

Aug 20th 2 h ago
Litigation

SK Hynix to pay 60% of employee bonuses in company stock un...

Aug 20th 2 h ago
Asia Pacific

Outsider who could decide New Zealand's next government wan...

Aug 20th 2 h ago
Business

Aegon raises share buyback plan to 350 million euros

Aug 20th 2 h ago
Africa

South Africa's Exxaro half-year profit down 20%, cuts divid...

TRENDING ON FINANCETIME
Aug 20th, 2026 Cricket

Australia look for response to 'Darwin Disaster' in second Bangladesh test

Aug 20th, 2026 World

Russia strikes drone component facilities, other targets in Kyiv, defence ministry says

Aug 20th, 2026 Asia Pacific

China's Shanghai eases housing policies to spur demand

Aug 20th, 2026 Boards, Policy & Regulation

Fortescue hires law firm to investigate sexual harassment allegations against senior executive

Aug 20th, 2026 Transactional

Treasury's upsized buybacks may complicate Fed's monetary policy work

Markets-Sectors
BASIC MATERIALS +1.43%
UTILITIES +0.00%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT