Business · Companies · 3 hrs ago

Apple and Samsung gain share as smartphone shipments fall to 13-year low

Apple and Samsung gain share as smartphone shipments fall to 13-year low

Worldwide smartphone shipments fell 20% year over year in the third quarter of 2026, reaching their lowest quarterly level since the third quarter of 2012.

A continuing shortage of memory chips was cited as a cause of the decline.

Samsung had the largest share of shipments, at 23%, followed by Apple at 22%.

Apple and Samsung both increased their shares even as fewer phones were shipped overall.

Xiaomi, Oppo and Vivo had smaller shares than a year earlier.

Apple’s newer iPhone Pro models had stronger launches in China and India, though they cost more than their predecessors.

Apple’s foldable iPhone, called the iPhone Duo, was not expected to reach consumers before October 23, 2026, so its effect on Apple’s market position was not yet clear.

Sources

Related news