Samsung increases its market share in the US to 31%, thanks to its Z Fold 7 and Z Flip foldable phones, while Apple falls to 49%.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
After a long period of Apple's dominance of the US smartphone market, Samsung is making a strong comeback, posting an increase in market share from 23% to 31% in the second quarter. Samsung's success is due to the launch of its Z Fold 7 and Z Flip foldable phones, which caught consumers' attention and generated 16% higher sales. While Apple is preparing a thinner model and a foldable iPhone, Samsung continues to innovate and offer a range of price points. Apple shares fell 7.5%, while Samsung shares rose 35%, reflecting investor confidence in the future of foldable phones.
Sources
Latest News
15:58
Ford, clarifications following Ilie Bolojan's statements regarding the halt of production: "Currently, no production activity is taking place due to the usual summer vacation."
15:48
Turkish commercial ships attacked with drones in the Black Sea. Ankara condemns the incidents.
15:45
The Ministry of Finance is preparing for the Moody's evaluation, after maintaining the rating from Fitch.
15:39
A 70-year-old man died after being hit by a car on Calea Dorobanți in Bucharest.
15:30
Mihai Stoica, the president of FCSB, announces that the team will bring in a new foreign striker after being eliminated from the Conference League
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
