Apple bucks downward trend as reports show global smartphone shipment and sales declines
AI-summarised brief · reviewed before publication
Four Counterpoint Research reports released document a decline in smartphone shipments and sales across Europe, China, India and Latin America. Europe’s Q2 shipments fell 10% year‑over‑year to a three‑year low, yet Apple and Samsung each captured 34% of the market, with Apple gaining nine points. In China, total shipments contracted 8.6% in the 30 weeks of 2026, driven by memory‑cost inflation and a slump; Apple entered a slowdown in July ahead of its next iPhone launch. India saw a 14% sales drop from weeks 14‑31, but Apple posted a 15% year‑over‑year increase thanks to the iPhone 17 series and price offers. Latin America’s Q2 shipments fell 10%, while Apple grew 5% and Samsung 6%, with Apple holding about 51% of segment.
💡 Why It Matters
- · Apple’s gains contrast sharply with a global market contraction, showing premium demand can defy broader price‑sensitivity trends.