most advanced, expensive and premium smartphone.
"Apple has now shifted nearly 50 million iPhone X units worldwide since commercial launch in November 2017", Juha Winter, Senior Analyst at Strategy Analytics, said.
Rather than being a failure, it seems as if the iPhone X has put Apple into the lead of the new generation of smartphones. The phone is powered by the A11 Bionic chip, which is also on the iPhone 8 series. One where Apple's expansion of smartphone units makes up for an ever-so-slightly larger command of the market, but a big change to the top of said list. Experts Strategy Analytics has compiled a ranking of the most sold smartphones in the first quarter of 2018, reports the online edition of the Chronicle.info with reference to the Correspondent.
Global smartphone shipments reached 345 million units in Q1 2018. (AAPL) stock ahead of its quarterly earnings report, investors have lifted shares of the iPhone maker to all time highs this week on a series of positive news including results which exceeded expectations.
Apple has been at a challenging crossroads this year with sales of its flagship iPhone X disappointing many observers.
Despite rumours of an underperforming iPhone X in the quarter, Apple stated that the iPhone X was the most popular model each week in the March quarter. During the same period previous year, the company posted $2.10 EPS. In addition, the notch, first seen in the iPhone X, would give the phone FaceID capabilities. Strategy Analytics did not mention who will be the top selling smartphone brand in Q2. The S9 Plus offers an attractive package for Android enthusiasts with a bezel-less design, curved display and a rich portfolio of apps. The company has a market cap of $895,918.56, a price-to-earnings ratio of 19.21, a PEG ratio of 1.35 and a beta of 1.26. The company dominates the budget smartphone market with a wide range of high-specced value-for-money phones under its Redmi-series. Those were the iPhone 7 and the iPhone 7 Plus, and the latter of these racked up 17.4-million units shipped. Xiaomi is selling "a huge volume of smartphones" through online channels with retail partners such as Flipkart (in India) and JD (in China).
Suppliers around the globe had warned of smartphone weakness, playing into fears that the company known for popularizing personal computers, tablets and smartphones had become too reliant on the iPhone.