iPhone Market Share Increases To 10.9%

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A new issue was released by an analyst, and they estimate that the global phone shipment for Apple’s iPhone 6 increased. Apple’s market share went up from 8.2% in Q2 2014 to 10.9% during the same quarter this year. In Apple’s latest quarterly earning call, the company announced that they saw iPhone sales reach 35% year-over-year, which would mean that around 47 million units were moved.

In addition, Strategy Analyst report shows that Apple’s noticeable growth in iPhone shipment came in strongly with an overall industry growth rate of just 2%, meaning that they went from 8.2% to 10.9%, almost making it a 3% jump.

The report also underlined other big winners like Huawei, who seen a shipment growth around 50% to 30.6 million units, which led the company to overtake Microsoft, and to become the third most largest smartphone vendor in the world, with Apple sitting right next to them at second place.

Below, the report from the source notes that…

“Ken Hyers, Director at Strategy Analytics, added, “Huawei shipped 30.6 million mobile phones and captured a record 7 percent marketshare worldwide in Q2 2015. Huawei is rising fast in all regions of the world, particularly China where its 4G models, such as the Mate7, are proving wildly popular. Huawei has finally overtaken Microsoft to become the world’s third largest mobile phone vendor for the first time ever.”

Still remaining number one is Samsung, however, the company’s market share dropped from 22.3% to 20.5% on very disappointing Galaxy S6 sales. Samsung had announced a profit drop of 8%, which would be the fifth year in a row of declining profits.

Like always, market share is only half interesting or second interest to Apple, which the company prefers profits rather than sales. However, 9To5Google noted that Apple took 92% of all profits for the entire handset or smartphone market.

Source info: 9To5Google, Strategy Analyst