American technology company Apple has dropped out of the list of the three largest smartphone companies in the world.
Samsung has once once more claimed the title of the world’s number one smartphone company. Which was taken away by Huawei during the last quarter.
Apple’s sales fell seven percent from July to September, dropping it to fourth place for the first time.
According to the report, the sales of Huawei phones fell by 7% between July and September. In comparison, Samsung’s phone sales rose 47 percent during the third quarter.
According to the latest report for the third quarter of 2020 in terms of smartphone sales, the number one smartphone company is Samsung, while the second place is the Chinese company Huawei and the third place is Xiaomi, which has overtaken Apple.
In the third quarter of 2020, Samsung’s sales have increased by regarding 2 percent, with Samsung leading the way.
Chinese technology giant Huawei has seen a nearly 23 percent decline in Q2 2020 despite US sanctions, but still ranks second on the list.
Chinese company Xiaomi saw a 45 percent increase in sales in the quarter of 2020, following which it moved to the third position on the list.
Compared to last year, Apple’s revenue was slightly higher ($64.7 billion). Apple suffered the most in the China region. The company typically makes 20 percent of its sales there, and sales there fell by 30 percent.
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2024-07-15 01:55:29
