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Counterpoint Research

All articles tagged with #counterpoint research

technology2 years ago•1 min saved

Smartphone Market Bounces Back with October Sales Surge

Global smartphone sales rebounded in October, growing 5% YoY after declining for 27 consecutive months. The recovery was driven by emerging markets, including the Middle East, Africa, and China, as well as the onset of the festive season in India. Huawei experienced the fastest growth among smartphone makers in China, while the launch of Apple's iPhone 15 series also contributed to the boost in sales. Despite challenges such as component shortages and longer replacement cycles, Counterpoint Research expects the global smartphone market to continue growing in Q4 2023.

via CNBC|

#apple #counterpoint-research #emerging-markets

technology2 years ago•1 min saved

Huawei's Mate 60 Pro Sells 1.6 Million Units in Six Weeks, Outshining iPhone 15 in China

Huawei has sold 1.6 million Mate 60 Pro handsets in just six weeks, with over 400,000 units sold in the last two weeks alone, according to research firm Counterpoint. This comes as Huawei defies the smartphone slowdown and enjoys strong demand for its high-end smartphones. The launch of the Mate 60 Pro, which uses a domestically made chip, has been met with high demand and limited availability. In contrast, iPhone 15 sales in China were down 4.5% compared to the iPhone 14 in the first 17 days. Huawei, Honor, and Transsion Group were the only brands to record year-on-year growth in the global smartphone market, which contracted by 8% in the third quarter.

via Reuters|

#chinese-market #counterpoint-research #huawei

technology2 years ago•1 min saved

"Q3 Sees Decade-Low in Global Smartphone Market, Says Counterpoint"

The global smartphone market contracted by 8% in Q3, reaching its lowest level in a decade, due to subdued demand for major brands like Apple and Samsung in developed markets, according to Counterpoint Research. The top five brands' market share fell to a three-year low. However, overall shipments rose 2% industrywide from Q2, raising hopes for a potential recovery in the last three months of the year. Counterpoint expects the release of the iPhone 15 lineup and upcoming festive season promotions to support market growth. Emerging markets, particularly the Middle East and Africa, have been a bright spot for smartphone sales.

via Reuters|

#apple #counterpoint-research #global-smartphone-market

technology2 years ago•1 min saved

"iPhone 15: Apple's Potential Game-Changer for an Unprecedented Achievement"

Apple has the opportunity to become the global leader in smartphone shipments for the first time, as consumers hold onto their smartphones for longer, resulting in an expected 6% decline in overall shipments this year. With the upcoming launch of the iPhone 15 in September, Apple is expected to attract high-value customers and benefit from aggressive promotions. Counterpoint Research projects that Apple is the closest it has ever been to capturing the top spot, with Samsung currently holding the position.

via MarketWatch|

#apple #counterpoint-research #global-leader

technology2 years ago•3 min saved

Apple Dominates Global Smartphone Market Despite Industry Slump

Global smartphone shipments are expected to decline by 6% in 2023, reaching the lowest point in a decade, due to economic headwinds in China and declining demand in emerging markets. However, Apple's high-end iPhone sales remain resilient, positioning the company to potentially become the top player in terms of shipments this year. Counterpoint Research suggests that the launch of the iPhone 15 in September could further strengthen Apple's position, particularly in markets like China where there is a growing trend towards premium devices. The reception of the iPhone 15 and Apple's performance in non-core markets will determine if it surpasses Samsung as the number one smartphone maker this year.

via CNBC|

#apple #china #counterpoint-research