Apple Sees Highest Second-Quarter Income Share, Xiaomi Turns into Second Largest Model Globally: Counterpoint

Apple noticed its highest second-quarter income share at 41 % and a year-on-year (YoY) progress of 30 %, regardless of fewer shipments in comparison with the earlier quarter, as per the newest information from Counterpoint. The Cupertino large’s iPhone 12 sequence as soon as once more noticed a robust demand. Xiaomi grew to become the second largest smartphone model globally thanks to an enormous 98 % YoY improve in shipments. Samsung, however, managed to retain its prime spot when it comes to variety of items shipped within the second quarter of this 12 months.
The latest data from market analysis agency Counterpoint confirmed that the worldwide smartphone market grew by 19 % YoY as 329 million items have been shipped in Q2 2021. Nevertheless, in comparison with the earlier quarter, it was a seven % decline. Apple skilled its highest Q2 income share at 41 % despite the fact that its smartphone shipments declined by 18 % quarter-on-quarter (QoQ). In comparison with the earlier 12 months, it noticed a 30 % progress, due to 48.9 million items shipped. Counterpoint notes that this was due to the sturdy demand for the iPhone 12 sequence.
Citing Apple’s “sturdy trade relationships, cautious provide chain administration, expedited transport, and skill to chop days from manufacturing facility to point-of-sale,” the analysis agency famous a 52 % YoY income improve for the corporate.
Xiaomi grew to become the second largest smartphone model in Q2 2021 globally by transport over 53 million items. This marked a large 98 % progress in shipments that the analysis agency claims was because of demand for Redmi 9, Redmi Note 9, Redmi Note 10 sequence, and Mi 11 sequence. When it comes to shipments, the Chinese language firm noticed an eight % QoQ progress.
Samsung was as soon as once more on the prime when it comes to items shipped for the second quarter of this 12 months with 57.9 million items. In comparison with the earlier 12 months, the shipments grew by simply 7 % however in comparison with the earlier quarter, its shipments declined by 24 %. When it comes to income, Samsung noticed a 30 % decline in comparison with the earlier quarter, but additionally noticed a 7 % progress in comparison with the identical interval final 12 months. This decline was because of provide constraints and diversification of its product and channel technique in sure areas.
Each Oppo and Vivo noticed a decline in shipments in Q2 2021 with 12 % and eight % QoQ, respectively. Nevertheless, Oppo noticed a income progress of over 50 % in comparison with the earlier 12 months. OnePlus, however, grew by 170 % YoY in Q2 2021 due to its OnePlus Nord N sequence succeeding in North America and Western European markets.
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