Apple beat's Samsung to world’s top smartphone vendor last quarter
Samsung was screwed by the Galaxy Note 7 recall fire problem.Apple’s stellar quarter for iPhone sales didn’t just put more money in the bank; it also helped the Cupertino company overtake Samsung to become the world’s top smartphone vendor.
According to the latest data from Strategy Analytics, Apple shipped 78.3 million handsets in Q4 2016 — around 800,000 more than Samsung. However, the iPhone wouldn’t have stood a chance if it wasn’t for the Galaxy Note 7 recall.
Apple’s 5 percent increase in shipments year-over-year helped it secure a 17.8 percent share of the global smartphone market last quarter. This narrowly beat Samsung’s share of 17.7 percent from 77.5 million units sold.
Much of this can be contributed to a record number of people switching to iPhone from Android devices, and impressive growth in emerging markets like China. “The level of interest continues to be phenomenal,” said Luca Maestri during Apple’s earnings call on Tuesday.
Tim Cook is confident there’s still plenty of room for the iPhone to grow. “I think the smartphone is still in the early innings of the game,” he said. “App developers are still inventing and there are some exciting things in the pipeline that I feel really good about.”