Apple saw 147% growth in premium Chinese smartphone market in Q2: Counterpoint Research
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Apple (NASDAQ:AAPL) has continued to see strong sales of its iPhone 13 lineup as it gets ready to unveil the next version of the iconic device, including triple digit growth of its high-end devices in China.
Research firm Counterpoint Research said that Apple (AAPL) saw 147% year-over-year growth in the $1,000 and above portion of the smartphone market, accounting for 46% of the total market. 
Samsung (OTCPK:SSNLF) also saw strong growth, growing 133% year-over-year in the second quarter. 
Counterpoint Research analyst Mengmeng Zhang said both brands "benefitted from Huaweiâs decline and the shift in purchase trends towards premium phones in China." 
Apple (AAPL) shares fell fractionally in early trading on Wednesday to $166.68.
Separately on Wednesday, investment firm Susquehanna noted the tech giant is ahead of its plans for the iPhone 13 at this point in time due to "continued market share gains."
Susquehanna analyst Mehdi Hosseini said he believes that Apple (AAPL) has raised its plans for the December quarter and the second-half of the year to 100M units, up from a prior 88M.
Hosseini added that a number of Chinese suppliers for Apple, including VOX Group, have seen a rebound in their build plans.
In addition, Hosseini said Apple (AAPL) partners are set to build 52M iPhones in the September quarter, up 12% sequentially and 8% year-over-year. The iPhone 13 is still seeing strong demand, with estimates of 23.5M builds, up from a prior estimate of 21.5M, due in part to higher builds for iPhone 13 Pro and iPhone 13 Pro Max. 
Last week, it was reported that Apple (AAPL) would unveil its iPhone 14 lineup at an event on September 7.