Smartphone market led by Apple’s iPhone in post-holiday sales
AI-summarised brief · reviewed before publication
Apple led the smartphone market in the first quarter of 2026, with Counterpoint reporting it as the first time Apple has led in the post-holiday quarter. Apple's revenue share reached 48%, with average selling price up 11% to $908. The global smartphone market grew 8% year-over-year, with demand for premium models driving average selling prices to a Q1 record of $399. Apple's growth was due to sustained demand for iPhone 17 models.
💡 Why It Matters
- · Apple's ability to maintain stable pricing despite rising material costs has strengthened its competitive position.
- · Its broad strength in regions like Asia-Pacific, fueled by subsidies and promotions, has helped Apple dominate the market.