iPhone 15 Could Help Apple Overtake Samsung To Become World's Top Smartphone Maker For The First Time
Portfolio Pulse from Rounak Jain
Apple Inc. is close to becoming the world's top smartphone maker, a feat it has not yet achieved, according to market research firm Counterpoint. The upcoming iPhone 15 series could help Apple achieve this, despite an expected slowdown in iPhone demand due to a slower-than-expected recovery in the Chinese market and worsening conditions in the US. However, Counterpoint analysts are optimistic about Apple's chances, stating that barring production issues, Apple's chances look the brightest among key smartphone makers.
August 18, 2023 | 12:20 pm
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Apple Inc. is close to becoming the world's top smartphone maker, which could potentially boost its stock price. However, a slowdown in iPhone demand due to market conditions in China and the US could pose a risk.
Apple's potential rise to the top spot as a smartphone maker could positively impact its stock price as it signifies strong sales and market dominance. However, the expected slowdown in iPhone demand due to market conditions in China and the US could pose a risk, potentially limiting the positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100