Apple’s iPhone Shipments Drop 10 Percent In Q1 2024, Claims Latest Data, As Company Loses Its Top Spot To Rival Samsung

Apple is not having the best start to the year, and even though the technology giant generated a whopping $119.6 billion in revenue during its Q1 2024 earnings call, the same quarter saw a 10 percent drop in iPhone shipments. If things were not bad enough, the company also lost its top spot to Samsung, its biggest rival in the smartphone space, which only means that the iPhone 16 lineup launching later this year needs to be a smashing hit. Apple and Samsung both saw reduced smartphone shipments in Q1 2024, but the iPhone maker suffered significantly more Overall, IDC reports […]

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