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Apple’s iPhone Sales Fell 23.2% in the March Quarter

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Apple has now been well and truly left behind by Huawei

Smartphone vendors continued to have a tough time in the first quarter of 2019. According to a study by Canalys, global smartphone shipments fell 6.8% YoY in the first quarter to 313.9 million units. This was the sixth consecutive quarter of YoY decline, according to Canalys.

Meanwhile, Apple (AAPL), which has stopped disclosing its unit sales, sold only 40.2 million iPhones worldwide in the first quarter of calendar year 2019, according to Canalys. The research house said the worrying 23.2% YoY fall is its largest single-quarter decline in the iPhone’s history. Apple said that it generated $31.05 billion in revenue through iPhones in the March quarter, a decline of 17.4% YoY, a second straight quarter of decline. This decline was apparently driven by a massive contraction in iPhone shipments.

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Apple’s supremacy has been dented by Chinese vendors

According to Canalys, Apple held only a 12.8% market share globally during the first quarter. Meanwhile, Huawei’s shipments during the quarter grew a whopping 50.2% YoY to 59.1 million units, much higher than Apple’s.

Samsung (SSNLF) remained in the first spot, selling 71.5 million smartphones globally in the first quarter. However, Samsung’s shipments declined 10.0% YoY, and Huawei could soon dethrone it as the world’s best-selling smartphone vendor.

Meanwhile, fellow Chinese vendor Xiaomi’s (XIACF) global growth was derailed in the first quarter. The company managed to sell just 27.8 million units, declining 1.3% YoY.

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