Apple drops to fourth in global smartphone race during rough Q3

Apple's share of the global smartphone market contracted in the third quarter of 2020 as part of a wider slowdown blamed on coronavirus worries, dropping the iPhone maker into fourth place.

According to new estimates from research firm Gartner, Apple shipped 40.6 million iPhones during the quarter ending in September to capture an 11.1% marketshare. Year-over-year growth dipped 0.6%, pushing the company from third place to fourth.First place Samsung was one of two firms to record growth in the third quarter with sales topping 80.8 million units, up 2.2% from the same time last year. The performance was good enough to take 22% of the market and nearly double Apple's iPhone shipments.

Read more...