Only Apple sees growth in second quarter as global smartphone market shrinks 14per cent - Canalys

Apple was the only major phone vendor to see growth in the second quarter as the global smartphone market shrank 14per cent year on year to 285 million units sold, with the coronavirus weighing on demand in major markets, research firm Canalys said.

Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes/FilesSHENZHEN, China: Apple was the only major phone vendor to see growth in the second quarter as the global smartphone market shrank 14per cent year on year to 285 million units sold, with the coronavirus weighing on demand in major markets, research firm Canalys said.

Apple sold 45.1 million iPhones globally in the period, up 25per cent year on year, making it the third best seller globally. China's Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics , but both saw declines, of 5per cent and 30per cent, respectively.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple delivers blowout earnings amid COVID-19, market shrugs off iPhone delaysApple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple delivers blowout earnings but new iPhones face delays amid COVID-19Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple delivers blowout earnings, strong iPhone revenue despite COVID-19Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple delivers blowout earnings, strong iPhone revenue despite Covid-19NEW YORK (REUTERS) - Apple on Thursday (July 30) delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as consumers working and learning from home during the Covid-19 pandemic turned to its products and services.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »