As challenging as the last year has been for virtually everyone on planet Earth, there are signs that a true recovery has begun to take place in all the industries that suffered throughout the pandemic. One such sign is a recent report from Counterpoint Research, which revealed that global smartphone revenue topped $100 million in the first quarter for the first time ever.
“Global smartphone segment clocked a record first-quarter wholesale shipment revenues of $113 billion, up 35% YoY," said Counterpoint senior analyst Harmeet Singh Walia in a press release. "This is coming at a time when the industry was facing supply chain constraints. Apple captured a record first-quarter revenue share driven by the strong performance of the iPhone 12 Series and demand spill-over from the previous quarter due to delayed launch."
Last week, Counterpoint Research shared an update regarding Q1 2021 revenue, and it turns out that Apple's smartphone lineup was an even bigger hit than it at first appeared.
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Apple’s iPhone 12 sales crushed every single Android phone in Q1 originally appeared on BGR.com on Tue, 25 May 2021 at 13:51:19 EDT. Please see our terms for use of feeds.
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