IPhone sales in the first quarter of 2020 decreased by 8%, total smartphone sales decreased by 20%

Apple is estimated to have sold 40.92 million smartphones during the first quarter, which is 3.7 million lower than the 44.57 million sold in the same period last year.

This decline for other smartphone manufacturers is even worse. For example, Samsung sales fell 22.7%, Huawei fell 27.3%. Xiaomi is the only company to see a slight increase in sales. This situation made the overall smartphone market decrease by 20.2%.


"The coronavirus pandemic has caused the global smartphone market to experience the worst decline ever," said Anshul Gupta, a senior research analyst at Gartner. "Most Chinese manufacturers as well as Apple have been hit hard by the temporary closure of many of their factories in China and the reduction of global spending as people around the globe have to stay home."

In early February, Apple was forced to close all retail stores in China. Sometime later, the rest of their store chains around the world were closed due to a global outbreak.

Stores in China began to reopen in late February to mid-March. All retail locations in China were back to work as soon as other Apple stores were closed on. March 14.

Meanwhile, Apple has gradually reopened stores outside of China since the beginning of May, though that's not all.

"Apple has had a strong start this year thanks to its product line, creating strong growth globally. If COVID-19 does not happen, Apple may have reached a record level of sales. iPhone numbers in the quarter. An interrupted supply chain and reduced spending from users prevented this positive growth in February," Annette Zimmermann said, vice president of research at Gartner. "Apple's ability to serve customers through Apple's online stores, as well as the return to normal production by the end of 3, has helped to recover some positive progress soon."

In April, Apple shared its earnings results for the second fiscal quarter of 2020 (it's Q1 / 2020). Accordingly, Apple achieved a profit of 58.5 billion USD, up slightly from 58 billion USD in the same period last year.
Axact

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