Apple gains smartphone market share in Q2, even as broader market shrinks
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Apple (NASDAQ:AAPL) gained market share in smartphones during the second quarter, even as smartphone sales slipped 9% year-over-year, Canalys said on Monday.
The research firm said Apple (AAPL) had 17% of the market at the end of the period, partially due to demand for the iPhone 13. Samsung (OTCPK:SSNLF) held the top spot and ended the period with 21% of the smartphone market, compared to 18% in the second quarter of 2021.

The gains for Apple (AAPL) and Samsung (OTCPK:SSNLF) came at the expense of other handset makers, as Xiaomi, OPPO and vivo continued to lose share in China. At the end of the period, the three companies had 14%, 10% and 9% of the market, compared to 17%, 11% and 10% in the year-ago period.
Last month, investment firm Wedbush Securities said demand for the iPhone was "holding up slightly better than expected," despite fears to the contrary.
Apple (AAPL) will report fiscal third-quarter results on July 28 after the close of trading.
Earlier this month, Apple (AAPL) lowered trade-in prices for its devices, a move that Bank of America said implies "strong demand."