Idc yoy apple 12.7m yoy samsung
The smartphone industry has been dominated by two major players for years – Apple and Samsung. Both companies have been competing fiercely to capture a larger market share and increase their profits. In recent years, there has been a lot of talk about the year-over-year (YoY) sales growth of these companies. In this article, we will take a closer look at the Idc yoy apple 12.7m yoy samsung sales growth of Apple and Samsung and what it means for the industry.
Apple 12.7% YoY:
Apple is known for its premium smartphones, and the company has been successful in maintaining its position as a market leader. According to recent reports, Apple’s YoY sales growth was 12.7%, which is a significant increase from the previous year. This growth can attributed to the launch of the iPhone 12 series, which received positive reviews from consumers and critics alike. The iPhone 12 series comes with 5G capabilities, improved camera features, and a sleek design. These features have contributed to the increased demand for Apple’s latest smartphones. Additionally, Apple’s marketing strategy has been effective in creating hype around its products, which has resulted in increased sales.
Samsung YoY:
Samsung is another major player in the smartphone industry, and the company has been competing with Apple for years. However, Samsung’s YoY sales growth has not been as impressive as Apple’s. In fact, Samsung’s YoY sales growth was only 2.9%, which is significantly lower than Apple’s growth. One of the reasons for Samsung’s slow growth could attributed to the COVID-19 pandemic, which has affected the global economy. Additionally, Samsung faced tough competition from Chinese smartphone manufacturers such as Xiaomi and Oppo.
Conclusion:
In conclusion, Apple’s YoY sales growth of 12.7% is a significant achievement, and it shows that the company is still a dominant player in the smartphone industry. The launch of the iPhone 12 series has been successful, and it has contributed to the increased demand for Apple’s products. On the other hand, Samsung’s YoY sales growth of 2.9% is a cause for concern, and the company needs to come up with effective strategies to compete with its rivals. Overall, the smartphone industry is highly competitive, and it will be interesting to see how these companies perform in the coming years.