Apple becomes biggest smartphone seller with record 90.1 mn shipments

Data from research firm IDC showed Apple's shipments surged 22 per cent to a record 90.1 million phones in the quarter

iPhone 12, Apple, Tim Cook
Apple CEO Tim Cook poses with the all-new iPhone 12 Pro at Apple Park in Cupertino, California. Photo: Reuters
Reuters
2 min read Last Updated : Jan 28 2021 | 10:00 AM IST
Apple Inc cornered nearly a quarter of the global smartphone market in the fourth quarter, making it the world's biggest seller, while shipments for Huawei plunged as U.S sanctions against it took effect.

Data from research firm IDC showed Apple's shipments surged 22 per cent to a record 90.1 million phones in the quarter, giving it global market share of 23.4 per cent.

The shipment data comes after the U.S. tech giant reported record holiday quarter sales on Wednesday, with revenue crossing $100 billion for the first time.

Apple shipped its iPhone 12 lineup, its first 5G-enabled devices, several weeks later than usual, but an expanded number of models and new look tapped pent up demand for upgrades, especially in China.

Sales in Greater China, which includes Hong Kong and Taiwan, surged 57 per cent over the quarter.

"We had two of the top three selling smartphones in urban China," CEO Tim Cook told Reuters in an interview, adding that "upgraders in particular set an all-time record in China." Apple took the top spot from Samsung Electronics which shipped 73.9 
million devices over the quarter, a year-on-year increase of 6.2 per cent.

Huawei shipments tumbled 42.4 per cent in the quarter to 32.3 million, IDC said.

The Chinese tech powerhouse has been battered after the previous U.S. administration blacklisted it on national security grounds, preventing overseas companies from supplying it with key parts including semiconductors.

Huawei is now in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter have told Reuters, a move that could see the company eventually exit from the high-end smartphone-making business.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Apple IncApple Apple iPhone sales

Next Story