Apple Inc has cornered nearly a quarter of the global smartphone market during the fourth quarter and has emerged as the world’s biggest smartphone seller; shipments of Huawei’s phones have plunged after they were hit by U.S. sanctions.
According to data from IDC, Apple’s shipments have surged by 22% to 90.1 million phones during the fourth quarter, giving it global market share of 23.4%; the development marks a new record for the U.S. tech giant.
Apple has reported record sales during the holiday quarter with revenue crossing $100 billion for the first time. Sales in Greater China, which includes Hong Kong and Taiwan, surged 57% over the quarter.
Its iPhone 12 series, released last October, marked its first 5G-enabled devices.
Huawei shipments tumbled 42.4% in the quarter to 32.3 million, said IDC.