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Samsung leads global smartphone shipments in Q3; Apple growth leaders in Q2 2021: reports

According to reports from research firms, Samsung led global smartphone shipments in the third quarter of 2021, and Apple achieved the highest operating profit in the second quarter of 2021. While global smartphone shipments fell 6 percent in the third quarter of 2021 compared to the same quarter last year, Samsung retained 23 percent market share in both quarters – followed by Apple, which gained 3 percent market share this year. period, says one of the reports. … Another said that Apple, despite not becoming the leader in smartphone shipments, received 75% of operating profit from the entire smartphone market in the second quarter.

According to report from Canalys, Samsung remained the king of global smartphone shipments as it retained its 23 percent market share in the third quarter of 2021. As mentioned, it had the same market share in Q2 2020. The report also mentions that the global smartphone market has shrunk by 6 percent due to a lack of components. However, Apple increased its share of the smartphone shipments market by 15 percent from 12 percent to 15 percent year on year. It was followed by Xiaomi with a 14 percent market share – unchanged from the same quarter last year. Vivo and Oppo with a 10% share entered the top 5 smartphone manufacturers. The share of smartphone shipments of both Chinese companies in the third quarter of 2021 increased by 1% compared to the same period last year.

Counterpoint says in new report that Apple remained the market leader in operating profit and revenue in the second quarter of 2021. As mentioned, it accounted for 75 percent of the operating profit of the global smartphone market, as well as 40 percent of revenues. The report says the secret of Apple’s success lies in the launch of its first 5G iPhones. Plus, Apple product compatibility convinces users to stay in the Apple ecosystem. Apple’s ability to charge hefty fees for its smartphones has also earned it the highest operating profit of any smartphone manufacturer.

The Counterpoint report also mentions that Samsung has had the second largest market share of operating profit over the past several quarters. Only in the fourth quarter of 2019 and in the second quarter of 2020 it was overtaken by Huawei. Following Apple and Samsung, Xiaomi, Oppo and Vivo, in that order, were the largest revenue generators in the smartphone market in the second quarter of 2021.

The Counterpoint report says that in the past few quarters, Xiaomi has paid more attention to global smartphone shipments. It has now been announced that the Chinese original equipment manufacturer’s next goal is to turn big business into high-margin business.

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Satvik Khare is a junior editor for Gadgets 360. His skill lies in sharing how technology makes life easier for everyone. Gadgets have always been his passion and he often found his way into new technologies. In his spare time, he enjoys tinkering with his car, engaging in motorsport, and if the weather is bad, he can be found doing laps on Forza Horizon on his Xbox or reading good fiction. He can be contacted via his Twitter.

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