iPhone Sales

Global smartphone shipments during the first quarter of the year dropped a whopping 14.6% year-over-year, with iPhone sales declining 2.3%

Apple's iPhones represented a whopping 49% of all refurbished smartphones sold across the globe in 2022, up 16% year-over-year

The iPhone 13 took the crown for the best-selling smartphone of the year, capturing 5% of the global market and making up a whopping 28% of annual iPhone sales

2022 was the worst year for the global smartphone market since 2013, with shipments dropping 18.3% — click to see how Apple fared

A significant slowdown in iPhone 14 sales is reportedly pushing Apple to implement a whole new strategy with the iPhone 15, including a price cut.

Apple maintained its second position in the global smartphone market, raising its share by 20% year-over-year from 15% in Q3 2021 to 18% in Q3 2022

The iPhone X saw its share fall to 16%, down from 20% in the December 2017 quarter.

Declining iPhone sales are expected to continue for much of the rest of the year.

The analysts predict a slower overall smartphone growth in 2018 due to rising component costs.

Share prices of European suppliers of microchips, sensors and circuitry to Apple drifted lower Wednesday as investors stepped back from a global market rally after disappointing earnings from Apple put investors in a cautious mood.

KGI Securities believes demand for the iPhone 7 and iPhone 7 Plus has already "peaked".

Analysts believe Apple's better-than-expected initial sales of the iPhone 7 may be due to Galaxy Note 7 recall.