Apple becomes world's biggest smartphone seller in fourth-quarter

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 after it was hit by U.S. sanctions.

Data from research firm IDC showed Apple`s shipments surged 22% in 90.1 million phones in the quarter, giving it global market share of 23.4%, and marking a record for the company.

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The U.S. tech giant reported record holiday quarter sales on Wednesday, with revenue crossing $100 billion for the first time. Sales in Greater China, which includes Hong Kong and Taiwan, surged 57% over the quarter.

Its iPhone 12 series, released last October, marked its first 5G-enabled devices.

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

The story has been taken from a news agency