Apple’s long-awaited earnings finally made themselves known yesterday, and the company once again proved that analysts do not do everything. Despite the pessimism about iPhones sales entering this week, Apple reported that the iPhone X was the best selling device, which made fears that it was a total failure.
But it turns out that Apple not only exceeded expectations. According to data from IDC and Strategy Analytics, Apple increased its market share during the first quarter of 2018, something that would not normally be expected, given that Samsung launched its new flagship during that period.
However, not all is bad news for Samsung. According to data from Strategy Analytics, Samsung regained the first place in smartphone revenue, after losing that crown to Apple in the holiday quarter of 2017. However, Samsung only sent 78.2 million smartphones around the world in Q1 2018, a two percent annual from the same quarter last year. The same story was repeated in a global sale, said Linda Sui, director of Strategy Analytics. “Global shipments of smartphones fell 2 percent annually from 353.8 million in the first quarter of 2017 to 345.4 million in the first quarter of 2018. The global smartphone market has slowed this year due to higher replacement rates, lower subsidies to operators and the lack of new ”
While Samsung’s total shipments fell, Apple, Huawei, and Xiaomi rose compared to the same period last year. Xiaomi recorded the most impressive growth, going from 12.6 million units in the first quarter of 2017 to 24.1 in the first quarter of 2018. Small manufacturers were the most affected, as they abandoned a total of 148.1 millions of units sent to only 123.3.