Huawei Surpasses Apple for the First Time

Huawei Surpasses Apple for the First Time

Foto: Fotolia

Huawei surpassed Apple to grab second place in the global smartphone market for the first time in Q2 2018. That’s according to two separate reports from market research firms IDC and Strategy Analytics, which both put Huawei’s quarterly shipments at 54.2 million, significantly ahead of Apple’s 41.3 million.

Chinese vendors have challenged the dominance of Samsung and Apple for years now, but this is the first time that one of them has actually broken into one of the two top spots. While Apple may have lost its place to Huawei in terms of sheer volume, the iPhone maker is still miles ahead of the competition in terms of revenue. In the past quarter alone, Apple made almost $30 billion selling iPhones, which is little less than what Huawei’s entire consumer business made in all of 2017.

More from category

Apple's Incredible 21st Century Growth

Apple's Incredible 21st Century Growth

5 Jul 2019 comment

Fewer than 20 U.S. companies posted an annual profit above $10 billion in 2017, while Apple did so in 9 of the past 10 quarters.

Microsoft Is Up in the Clouds

Microsoft Is Up in the Clouds

4 Jul 2019 comment

Microsoft reported strong results for the third quarter of its fiscal year 2019, beating analyst expectations across the board.

The Global Top 10 iPhone Apps

The Global Top 10 iPhone Apps

3 Jul 2019 comment

The top ten iPhone apps in the world in April had a combined download figure of 74 million.