Apple’s indomitable iPhone elevated its U.S smartphone market share to 53% in Q1 2023 from 49% in Q1 2022, in line with Counterpoint Know-how Market Analysis.
Matthew Orf for Counterpoint Know-how Market Analysis:
Smartphone shipments within the US declined 17% YoY in Q1 2023 as OEMs corrected excessive channel stock and as shopper demand declined as a consequence of macroeconomic pressures. The market witnessed a dip in shipments throughout all main OEMs after registering a powerful first quarter final yr. Nevertheless, Apple managed to extend its market share regardless of a YoY drop in its shipments.
Affiliate Analysis Director Hanish Bhatia famous… “at a broader degree, Android-to-iOS migration pushed by younger and first-time smartphone customers continues to stay a key ache level amongst Android OEMs.”
See additionally:
• iPhone a ‘should have’ for Gen Z worldwide as Apple takes smartphone market share – February 27, 2023
• Younger People need Apple iPhones to keep away from being dreaded ‘inexperienced bubbles’ – February 21, 2023
MacDailyNews Take: As we wrote again in December, “The excellent news is that Apple’s prospects are the least affected by inflation and recession.”
Apple iPhone prospects are essentially the most recession-proof smartphone patrons. — MacDailyNews, September 7, 2022
The identical goes for Mac, iPad, Apple Watch, and Apple Companies prospects in private computer systems, pill computer systems, smartwatches, and subscriptions, respectively. – MacDailyNews, October 13, 2022
Probably the most inflation- and recession-resistant huge tech firm is Apple, due to its superior buyer demographics. – MacDailyNews, October 27, 2022
When your cash turns into a higher concern, you need to spend it properly. In China and all over the place, if it’s not an iPhone, it’s not an iPhone. Additional, if it’s not an iPhone Professional, it’s not an iPhone Professional. – MacDailyNews, October 27, 2022
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