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The stock market day: After more than a decade: Apple is the best-selling smartphone manufacturer

by Alexandra Hartman Editor-in-Chief

2024-01-17 15:39:16

The stock market day After more than a decade: Apple is the best-selling smartphone manufacturer

January 17, 2024, 4:32 p.m

Apple has the twelve year dominance of Samsung ended in smartphone sales. The US tech group achieved a global market share of 20.1 percent in 2023, while its South Korean rival had 19.4 percent, according to a report by US market researchers International Data Corp.

The change at the top of the rankings follows a difficult year for smartphone producers. Consumers were hesitant to make new purchases and opted for cheaper cell phones due to high inflation and economic uncertainty. The slower-than-expected recovery of business in China, the world’s largest smartphone market, also depressed overall sales. This fell by a total of 3.2 percent to 1.17 billion units, reaching its lowest level in ten years.

Apple 181,87 Samsung Electronics 72.600,00

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