Smartphone shipments fell 9% in Q2 however Apple iPhone stays in prime call for regardless of inflation drive

Shoppers take a look at the iPhone13 smartphones at apple’s flagship retailer in Shanghai, China.

Xing Yun | Long term Publishing | Getty Photographs

Shipments of Apple’s iPhone stay sturdy regardless of regional uncertainty and financial headwinds that dragged world telephone shipments down 9% year-over-year in Q2 2022, in keeping with new information from analysis company Canalys.

Apple had a 17% percentage of world telephone shipments in Q2, up from 14% within the year-ago quarter, Canalys mentioned, noting that the iPhone 13 stays in prime call for. Samsung has the most important percentage with 21% of the marketplace, in keeping with Canalys, however that used to be in large part because of its low-end A chain telephones that value lower than the iPhone 13.

Apple is ready to document profits on July 28. The corporate’s leader monetary officer Luca Maestri warned in April of demanding situations the corporate is dealing with this quarter, together with provide constraints that might hit general gross sales by way of as much as $8 billion. The stable urge for food for Apple’s iPhone 13 suggests Apple’s telephone revenues is also sturdy, regardless of Maestri’s caution.

Canalys analyst Toby Zhu mentioned telephone promotions and particular gives will lend a hand alleviate provide drive however warned that buyers had been impacted by way of inflation and wouldn’t have as a lot disposable source of revenue to shop for new telephones as final yr. And there are nonetheless kinks within the provide chain.

“Whilst element provides and value pressures are easing, a couple of issues stay inside of logistics and manufacturing, reminiscent of some rising markets’ tightening import rules and customs procedures delaying shipments,” Canalys Analyst Toby Zhu mentioned.

Chinese language telephone makers is also dealing with the brunt of the ones issues. Xiaomi, Oppo and Vivo all suffered double-digit declines, respectively taking 14%, 10% and 9% marketplace percentage.