According to research companies, Samsung led worldwide smartphone sales in the third quarter of 2021, while Apple earned the most operating profits in the second quarter of 2021. Despite a 6% drop in worldwide smartphone sales in Q3 2021 compared to the same quarter last year, Samsung maintained a 23 percent market share in both quarters, followed by Apple, which gained 3% market share over the period, according to one of the reports.
The other claimed that, while not leading in smartphone sales, Apple made up 75% of the whole smartphone market's operational profit in Q2. According to Canalys, Samsung was still the king of worldwide smartphone shipments in the third quarter of 2021, with a 23 percent market share. It has the same market share in the second quarter of 2020, as previously stated. Due to component shortages, the worldwide smartphone market shrank by 6%, according to the research. Apple, on the other hand, boosted its market share of smartphone shipments from 12% to 15% year over year. Xiaomi came in second with a 14 percent market share, which remained unchanged from the previous quarter.
Vivo and Oppo, each with a 10% market share, rounded out the top five smartphone manufacturers. In Q3 2021, both Chinese firms experienced a one percent rise in smartphone shipments year over year. According to a recent analysis from Counterpoint, Apple maintained the market's top operational profit and revenue producer in Q2 2021. As previously stated, it accounted for 75% of the global smartphone market's operational profit and 40% of its sales. According to the study, the debut of Apple's initial 5G-enabled iPhone models was the key to the company's success.
Furthermore, Apple goods' compatibility persuades customers to stay in the Apple ecosystem. Apple has the greatest operating profit of any smartphone maker because to its ability to charge a significant premium for its devices. Samsung has been in second place in operational profit market share for numerous quarters, according to the Counterpoint study. Huawei only surpassed it in Q4 2019 and Q2 2020. Xiaomi, Oppo, and Vivo, in that order, were the top revenue generators in the smartphone market in the second quarter of 2021, behind Apple and Samsung.
According to the Counterpoint study, Xiaomi has been concentrating on its worldwide smartphone shipments figures in recent quarters. The next objective for the Chinese OEM, according to reports, is to transform the high volume company into a highly lucrative one.