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iPhone 16e Helps Apple Take Q1 Top Spot in Global Smartphone Market
Apple took the number one position in global smartphone sales during the first quarter of 2025, according to new data from Counterpoint Research....
Counterpoint believes that economic volatility could lead consumers to postpone smartphone purchases, which could potentially disrupt the supply chain and increase trade risks. While sales remained flat or declined in the U.S., Europe, and China, the company achieved double-digit growth in Japan, India, Middle East and Africa, and Southeast Asia. Cook initially approved doubling the team's chip budget, but CFO Luca Maestri reportedly reduced the increase to less than half that amount, and instead...
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