Apple overtakes Samsung as top smartphone maker first time in 10 years
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The Newz Radar
Apple Inc. dethroned Samsung Electronics to become the best-selling smartphone company last year, for the first time in more than a decade, according to a report by Bloomberg.
This comes as the iPhone accounted for a fifth of the global market with over 200 million shipments in 2023.
About the report
South Korea’s largest company, Samsung, witnessed a slump in shipments last year and stood at 226.6 million, according to IDC estimates. Meanwhile, Apple’s iPhone accounting for a fifth of the global market witnessed 235 million shipments in 2023 topping the list among smartphone makers.
China’s Xiaomi Corp followed Samsung in the third spot.
