Apple Leads Q2 Smartphone Profits Despite Market Decline
The global smartphone market saw a significant revenue drop in Q2 2023, declining by 8% year-on-year (YoY) and 15% quarter-on-quarter (QoQ), settling below the $90 billion mark. This is notably the weakest Q2 performance since the intense lockdowns of the 2020 pandemic, according to data from Counterpoint’s Market Monitor Service. The market’s operating profits weren't...
