Global smartphone market to hit decade low in 2023 but Apple could take top spot, research shows
Publishing timestamp: 2023-08-17 08:07:03
Summary
Counterpoint Research expects smartphone shipments in 2023 to decline 6% year-on-year, marking the worst performance in a decade. Apple could take the top spot globally in terms of annual shipments for the first time ever, driven by the launch of its next flagship smartphone, iPhone 15. The decline in global smartphone sales is attributed to economic headwinds in China and the cautious spending of consumers. However, Apple's high-end iPhone sales remain resilient. The article also mentions Apple's push into new markets, such as India, and the potential impact on its position as the number one smartphone maker.
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Keywords: business news, economy, smartphones, mobile phones, apple inc, iphone, united states, china,