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Canalys: Global Smartphone Shipments fell by 11% in Q1 2022 with only Apple and Samsung bucking that trend

1 cover iPhone 13  Q1 2022 - smartphone stats report

Update 5:20 a.m. Added the correct Smartphone Chart to the report 


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For Q1 2022 Smartphone statistics, Canalys is first out of the gate. According to their report, Worldwide smartphone shipments fell 11% amid unfavorable economic conditions and sluggish seasonal demand in the first quarter of 2022. While Xiaomi, OPPO and Vivo's market share fell slightly in the quarter, Apple and Samsung gained market share.


While Samsung gained 2% market share to 24% in Q1 2022, Apple gained 3% market share over last year going from 15% to 18%. If true, Apple should be reporting favorable growth during their conference call that will be held on April 28.


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2 stats smartphone Q1 2022


Canalys Analyst Sanyam Chaurasia: "Despite the looming uncertainty in global markets, the leading vendors accelerated their growth by broadening device portfolios for 2022. While the iPhone 13 series continues to capture consumer demand, the new iPhone SE launched in March is becoming an important mid-range volume driver for Apple. At a similar price point to its predecessor, it offers an upgraded chipset and improved battery performance and adds the 5G connectivity that operator channels are demanding.


Canalys VP Mobility Nicole Peng: "The global smartphone market was held back by an unsettled business environment in Q1. Markets saw a spike in COVID-19 cases due to the Omicron variant, though minimal hospitalizations and high vaccination rates helped normalize consumer activity quickly. Vendors face major uncertainty due to the Russia-Ukraine war, China’s rolling lockdowns and the threat of inflation. All this added to traditionally slow seasonal demand.


The good news is that the painful component shortages might improve sooner than expected, which will certainly help relieve cost pressures." For more, read the full Canalys report.


While today's report shows that Apple is likely to report positive number for iPhones during their conference, Katy Huberty of Morgan Stanley believes that Apple will come in well ahead of Wall Street Estimates.


To get a more accurate read on the smartphone market in Q1 2022, IDC is likely to report on Q1 2022 smartphone statistics in the coming days or weeks and at that time we'll be able to compare their respective statistics.


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