Counterpoint Analysis posted its evaluation of the smartphone market in the USA for the primary three months of 2024. In accordance with the report, shipments declined 8% on a yearly foundation, marking the sixth consecutive quarter of YoY decline.
Apple’s market share remained flat, with 52% of all gross sales going to Cupertino, whereas Samsung barely elevated its share from 27% to 31%.
People don’t need to improve their telephones but, revealed Jeff Fieldhack, Analysis Director for North America. Shipments are down, in contrast with Q1 2023 principally due to excessive iPhone 14 Professional and Professional Max shipments again then that the 15 sequence could not replicate. Android shipments within the sub-$300 segments noticed declines as nicely.
The low-end market continues to see consolidation and new product launches hold lowering as makers are phasing out LTE telephones for 5G fashions in service channels. The added prices of 5G connectivity makes it difficult for OEMs to compete, stated Maurice Klaehne, Senior Analyst.
Counterpoints predicts we’ll see indicators of a restoration in Q3. That is when new launches can stimulate demand, and there may even be seasonal progress pushed by holidays and new telephones with generative AI options, such because the iPhone 16 gadgets.