Samsung Loses Crown to Apple as Smartphone Sales Hit 10-Year Low

Samsung’s decade-plus reign as the king of the smartphone market is over.“The last time a company not named Samsung was at the top of the smartphone market was 2010, and for 2023 it is now Apple,” research group IDC said Monday (Jan. 15) in its annual report on the mobile phone market.“A sort of shifting of power at the top of the largest consumer electronics market was driven by an all-time high market share for Apple and a first time at the top.”This is happening as smartphone shipments reached their lowe ...