Apple leads smartphone market in fourth quarter, overcoming China decline

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Apple leads smartphone market in fourth quarter, overcoming China decline

South China Morning Post01-14

Apple dominated the global smartphone market in the final quarter of 2024 despite facing challenges in China, according to recent research. The Cupertino, California-based technology giant captured 23...

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ahmad hakiki
·01-15
Hallo i iki you my name is
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Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nApple's China sales declined in the first three quarters of last year, falling 25 per cent and 6 per cent year on year in the first and third quarters, respectively, coming in fifth place among smartphone vendors those quarters, according to Canalys. In the second quarter, it fell out of the top five.\nSouth Korea's Samsung Electronics ranked second in the fourth quarter with 16 per cent market share globally, while China's Xiaomi, Transsion Holdings, and Vivo rounded out the top five.\nThe global market as a whole grew 7 per cent last year, a strong rebound from the previous year that showed early signs of decelerating growth in the final quarter.\nTotal shipments stood at 1.22 billion units worldwide last year, according to Canalys, driven by an abundance of mass-market products amid a challenging economic environment.\n\"The prosperity of mass-market products was a key driver of global smartphone growth in 2024,\" Canalys senior analyst Toby Zhu said. He noted that vendors such as Xiaomi, Transsion and Vivo achieved growth thanks to their extensive sales networks, competitive products and effective inventory management.\nCounterpoint, another market consultancy, found in separate research released on Monday that global smartphone sales grew 4 per cent last year after a two-year decline.\nCounterpoint research director Tarun Pathak said 2024 was \"a year of recovery and monetisation after a difficult 2023\", which saw the lowest smartphone sales in a decade.\nGlobal smartphone market growth slowed to 3 per cent in the fourth quarter, with shipments of 330 million units. That was down significantly from the 8 per cent growth seen in the period a year earlier. In the first three quarters of 2024, the market grew 10 per cent, 12 per cent and 5 per cent, respectively.\nAnalysts said the slower growth last quarter could continue into 2025.\n\"It will be challenging to replicate the market performance of 2024 in 2025,\" Canalys' Zhu said, noting demand fluctuations and macroeconomic uncertainties.\nThis article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. \nCopyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":392881411596456,"gmtCreate":1736943127173,"gmtModify":1736946809334,"author":{"id":"4199691792154892","authorId":"4199691792154892","name":"ahmad hakiki","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4199691792154892","authorIdStr":"4199691792154892"},"htmlText":"Hallo i iki you my name is","listText":"Hallo i iki you my name is","text":"Hallo i iki you my name is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/392881411596456","repostId":2503399501,"repostType":2,"repost":{"id":"2503399501","kind":"highlight","pubTimestamp":1736847000,"share":"https://ttm.financial/m/news/2503399501?lang=&edition=fundamental","pubTime":"2025-01-14 17:30","market":"us","language":"en","title":"Apple leads smartphone market in fourth quarter, overcoming China decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2503399501","media":"South China Morning Post","summary":"Apple dominated the global smartphone market in the final quarter of 2024 despite facing challenges in China, according to recent research.The Cupertino, California-based technology giant captured 23 per cent of the global market last quarter, driven by the launch of its iPhone 16 series in mid-September, which boosted sales during the holiday shopping season, according to a report on Tuesday from market consultancy Canalys.The popularity of the new iPhone helped it offset a sales decline in China, where Apple is struggling to launch its artificial intelligence service owing to regulatory hurdles while also contending with increasing competition from a resurgent Huawei Technologies and other local players.Apple's China sales declined in the first three quarters of last year, falling 25 per cent and 6 per cent year on year in the first and third quarters, respectively, coming in fifth place among smartphone vendors those quarters, according to Canalys. In the second quarter, it fell out","content":"<html><body><p>Apple dominated the global smartphone market in the final quarter of 2024 despite facing challenges in China, according to recent research.</p>\n<p>The Cupertino, California-based technology giant captured 23 per cent of the global market last quarter, driven by the launch of its iPhone 16 series in mid-September, which boosted sales during the holiday shopping season, according to a report on Tuesday from market consultancy Canalys.</p>\n<p>The popularity of the new iPhone helped it offset a sales decline in China, where Apple is struggling to launch its artificial intelligence service owing to regulatory hurdles while also contending with increasing competition from a resurgent Huawei Technologies and other local players.</p>\n<p>Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.</p>\n<p>Apple's China sales declined in the first three quarters of last year, falling 25 per cent and 6 per cent year on year in the first and third quarters, respectively, coming in fifth place among smartphone vendors those quarters, according to Canalys. In the second quarter, it fell out of the top five.</p>\n<p>South Korea's Samsung Electronics ranked second in the fourth quarter with 16 per cent market share globally, while China's Xiaomi, Transsion Holdings, and Vivo rounded out the top five.</p>\n<p>The global market as a whole grew 7 per cent last year, a strong rebound from the previous year that showed early signs of decelerating growth in the final quarter.</p>\n<p>Total shipments stood at 1.22 billion units worldwide last year, according to Canalys, driven by an abundance of mass-market products amid a challenging economic environment.</p>\n<p>\"The prosperity of mass-market products was a key driver of global smartphone growth in 2024,\" Canalys senior analyst Toby Zhu said. He noted that vendors such as Xiaomi, Transsion and Vivo achieved growth thanks to their extensive sales networks, competitive products and effective inventory management.</p>\n<p>Counterpoint, another market consultancy, found in separate research released on Monday that global smartphone sales grew 4 per cent last year after a two-year decline.</p>\n<p>Counterpoint research director Tarun Pathak said 2024 was \"a year of recovery and monetisation after a difficult 2023\", which saw the lowest smartphone sales in a decade.</p>\n<p>Global smartphone market growth slowed to 3 per cent in the fourth quarter, with shipments of 330 million units. That was down significantly from the 8 per cent growth seen in the period a year earlier. In the first three quarters of 2024, the market grew 10 per cent, 12 per cent and 5 per cent, respectively.</p>\n<p>Analysts said the slower growth last quarter could continue into 2025.</p>\n<p>\"It will be challenging to replicate the market performance of 2024 in 2025,\" Canalys' Zhu said, noting demand fluctuations and macroeconomic uncertainties.</p>\n<p>This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. </p>\n<p>Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple leads smartphone market in fourth quarter, overcoming China decline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple leads smartphone market in fourth quarter, overcoming China decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-14 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-leads-smartphone-market-fourth-093000199.html><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple dominated the global smartphone market in the final quarter of 2024 despite facing challenges in China, according to recent research.\nThe Cupertino, California-based technology giant captured 23...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-leads-smartphone-market-fourth-093000199.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1718418525.SGD":"JPMorgan Investment Funds - 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Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nApple's China sales declined in the first three quarters of last year, falling 25 per cent and 6 per cent year on year in the first and third quarters, respectively, coming in fifth place among smartphone vendors those quarters, according to Canalys. In the second quarter, it fell out of the top five.\nSouth Korea's Samsung Electronics ranked second in the fourth quarter with 16 per cent market share globally, while China's Xiaomi, Transsion Holdings, and Vivo rounded out the top five.\nThe global market as a whole grew 7 per cent last year, a strong rebound from the previous year that showed early signs of decelerating growth in the final quarter.\nTotal shipments stood at 1.22 billion units worldwide last year, according to Canalys, driven by an abundance of mass-market products amid a challenging economic environment.\n\"The prosperity of mass-market products was a key driver of global smartphone growth in 2024,\" Canalys senior analyst Toby Zhu said. He noted that vendors such as Xiaomi, Transsion and Vivo achieved growth thanks to their extensive sales networks, competitive products and effective inventory management.\nCounterpoint, another market consultancy, found in separate research released on Monday that global smartphone sales grew 4 per cent last year after a two-year decline.\nCounterpoint research director Tarun Pathak said 2024 was \"a year of recovery and monetisation after a difficult 2023\", which saw the lowest smartphone sales in a decade.\nGlobal smartphone market growth slowed to 3 per cent in the fourth quarter, with shipments of 330 million units. That was down significantly from the 8 per cent growth seen in the period a year earlier. In the first three quarters of 2024, the market grew 10 per cent, 12 per cent and 5 per cent, respectively.\nAnalysts said the slower growth last quarter could continue into 2025.\n\"It will be challenging to replicate the market performance of 2024 in 2025,\" Canalys' Zhu said, noting demand fluctuations and macroeconomic uncertainties.\nThis article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. \nCopyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}