November 24, 2024

Apple Tied Samsung to Become World's Largest Smartphone Vendor in Q4 2014 [Report]

Posted January 29, 2015 at 6:27pm by iClarified · 8804 views
Strategy Analytics is reporting that Apple has tied Samsung to become the world's largest smartphone vendor.

Linda Sui, Director at Strategy Analytics, said, "Global smartphone shipments grew 31 percent annually from 290.2 million units in Q4 2013 to a record 380.1 million in Q4 2014. An impressive 1.3 billion smartphones were shipped worldwide in 2014, with very strong growth seen last year in emerging markets such as China, India and Africa."

Neil Mawston, Executive Director at Strategy Analytics, added, "Apple shipped 74.5 million smartphones worldwide and captured a record 20 percent marketshare in Q4 2014, increasing from 18 percent a year earlier. Apple's new iPhone 6 and 6 Plus models are proving wildly popular in China, United States and Europe. Apple tied with Samsung to become the world's largest smartphone vendor for the first time since Q4 2011. Samsung shipped 74.5 million smartphones worldwide and captured 20 percent marketshare in Q4 2013, dipping from 30 percent in Q4 2013. Samsung continues to face intense competition from Apple at the higher-end of the smartphone market, from Huawei in the middle-tiers, and from Xiaomi and others at the entry-level. Samsung may soon have to consider taking over rivals, such as Blackberry, in order to revitalize growth this year. Samsung remained the number one smartphone player globally on a full-year basis in 2014."

Check out the chart below for more details. You also be interested in Apple's reported earnings for the quarter which can be found here.

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