Apple's iPhone X captured a 4.6 percent market share of all smartphone models shipped during the quarter, with 16 million units shipping in the three months ending on March 31st. The phone is powered by the A11 Bionic chip, which is also on the iPhone 8 series.
Apple iPhone X: Not a flop Apple fans and the industry pundits alike have been divided over the prospects of iPhone X. The polarising smartphone marked a stark departure from the company's approach to the design and overall user experience. Crossvault Capital Management LLC lifted its stake in Apple by 0.5% in the third quarter.
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And now a rumor indicates that possibly the next iPhone X comes without this cut.
Strategy Analytics estimates 16M iPhone X units shipped in the quarter, marking the second consecutive quarterly victory for the premium smartphone.
Apple has beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes.
The moves come amid concerns about Apple's most important product: the iPhone. With so many changes and a record high price, the iPhone X was still the best selling smartphone of Q1 of 2018. "Combined together, Apple today accounts for four of the world's six most popular smartphone models", he said. The iPhone 8 and 8 Plus, which were believed to be unimpressive when compared to the iPhone X managed to be among the best selling smartphones of the quarter.
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Senior Analyst at Strategy Analytics mentioned the Apple flagship managed to grab 5% of the total market share worldwide which is an impressive feat considering the sheer number of options available in the market. According to Strategy Analysis, Samsung's Galaxy S9 sells would grow up and the phone could achieve the first position in the next quarter.
The phone managed to beat analysts' fears regarding its market performance due to its high price. Those were the iPhone 7 and the iPhone 7 Plus, and the latter of these racked up 17.4-million units shipped.
Suppliers around the globe had warned of smartphone weakness, playing into fears that the company known for popularizing personal computers, tablets and smartphones had become too reliant on the iPhone.
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