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Apple's iPhone Sales Soar to Record High Amid Global Market Shift

Despite challenges in Asia, Apple nearly overtakes Samsung in Q3 smartphone shipments, driven by strong demand for premium devices.

  • Apple achieved its highest third-quarter sales volume ever, reaching an 18% market share, nearly matching Samsung's leading position.
  • The strong performance was bolstered by ongoing demand for the iPhone 15 series and legacy models, particularly in North America and Europe.
  • Apple faces hurdles in Asia, with a significant sales drop in China due to a state ban on iPhones in government offices and competition from local brands.
  • In Indonesia, the iPhone 16 is temporarily banned until Apple renews certifications and meets investment commitments.
  • The expansion of Apple Intelligence into new markets is anticipated to support continued growth, though regulatory issues delay its EU launch.
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