Apple becomes worlds 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
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.
See Zee Business Live TV Streaming Below:
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
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.