Apple iPhones Models Total 7 Out Of 10 Most-Shipped Smartphones Worldwide In 2023: Report
Portfolio Pulse from Rounak Jain
Apple's iPhones dominated the global smartphone market in 2023, with seven models ranking in the top 10 most-shipped smartphones worldwide, according to Canalys. This represents over 79% of Apple's total iPhone shipments for the year. The iPhone 14 Pro Max and iPhone 15 Pro Max were the top two models, highlighting a market shift towards premium smartphones. In contrast, Samsung had three models in the top 10, with its most expensive model, the Galaxy A54 5G, priced significantly lower than the least expensive iPhone on the list.
February 09, 2024 | 2:12 pm
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POSITIVE IMPACT
Apple's significant presence in the top 10 most-shipped smartphones of 2023, especially with premium models, underscores its market dominance and consumer preference for high-end devices.
Apple's dominance in the smartphone market, particularly with premium models, suggests strong brand loyalty and a consumer shift towards higher-end devices. This could lead to increased revenue from higher-priced models and potentially boost AAPL's stock in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Samsung had three models in the top 10 most-shipped smartphones of 2023, with its highest-priced model being significantly cheaper than Apple's least expensive model in the list.
Samsung's presence in the list, albeit with three models, and the lower price point of its most expensive model compared to Apple's offerings, may reflect a competitive disadvantage in the premium segment. This could potentially impact SSNLF's stock negatively in the short term, as the market shifts towards more expensive, premium models.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 70