With all of the things happening in the world, it might have slipped your mind that the first quarter of 2022 has ended. Yes, we are currently in the second quarter which means that over the next few weeks we will be inundated with first-quarter earnings reports and other data from the opening quarter of the year.
Global smartphone shipments declined by 11% during the first quarter according to Canalys
You’ll never guess which manufacturer came in second behind Sams…oh, you probably already figured it out, didn’t you? Apple’s 18% slice of the global smartphone pie in the first quarter of this year was up three percentage points from the 15% share Apple had during last year’s first quarter.
Apple is expected to start shipping the iPhone 14 series late in the third quarter. This year there will reportedly be a shakeup as the iPhone mini will be gone, although Apple will still ship four new models. We expect to see the 6.1-inch iPhone 14 and iPhone 14 Pro, and the 6.7-inch iPhone 14 Max and iPhone 14 Pro Max.
COVID continues to have an impact on global smartphone shipments
At the bottom of this list is Oppo’s company-mate Vivo. Both firms are owned by China’s BBK Electronics along with OnePlus, Realme, and IQOO. During the first quarter of this year, Vivo’s share of global smartphone shipments was 8%, an annual decline of two percentage points. In the “other” category, Q1 shipments declined from 28% in 2021 to 27% this year.
“All this added to traditionally slow seasonal demand,” Peng added. “Vendors must equip themselves to respond quickly to emerging opportunities and risks while staying focused on their long-term strategic plans. The good news is that the painful component shortages might improve sooner than expected, which will certainly help relieve cost pressures.”