In terms of global phone sales, Apple surpasses Samsung.

For the first time in 12 years, Apple has surpassed Samsung to take the lead in the worldwide smartphone market.

The International Data Corporation (IDC) reports that last year, the phone behemoth based in America accounted for almost one-fifth of all phones delivered.

Xiaomi, OPPO, and Transsion, are three Chinese phone manufacturers, behind Samsung, with 19.4% of the market.

Sales of smartphones have decreased since so many people updated during the outbreak.

Nearly 1.2 billion smartphones were sold last year, according to IDC, a decrease of more than 3% from the year before. Due to the economic downturn and rising loan rates, many customers have tightened their purse strings, resulting in the lowest quantity sold in a decade. Experts anticipate that this year will see a market recovery.

Apple’s ascent
Nevertheless, Apple, which sold more than 234 million phones in 2017, was deemed “the biggest winner” by the IDC.

According to Nabila Popal of IDC, Apple is the only company in the Top 3 to not only exhibit annual growth but also take the top rank for the first time.

All of this is true even if it is dealing with more regulatory obstacles and fresh Huawei competition in China, its biggest market.

After being prohibited from purchasing chips manufactured using US technology due to allegations that the corporation poses a national security danger to the US government, Huawei has lately made progress in producing its processors.

Interest-free financing options and offers to trade in outdated models are also boosting demand for high-end gadgets like Apple.

Samsung decline
This is bad news for Samsung, which was the leading manufacturer of memory chips, cellphones, and televisions worldwide up until this point.

The behemoth of South Korean electronics recently issued a warning, stating that the sluggish worldwide demand for consumer electronics will cause its revenues to decline faster than anticipated.

Additionally, it has competition from less expensive Android devices like Xiaomi and Transsion, which are becoming more popular in emerging economies and among price-conscious users.

According to IDC, there is a “very interesting time” ahead for the smartphone industry, as more Android providers enter the market and consumers prioritize foldable phones with AI capabilities.

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