Global smartphone shipments rise 5% in Q3; Apple gains share: Canalys
smartphone shipments grew 5% in the third quarter of 2024, driven by persistent demand in emerging economies and the start of a replacement cycle in North America, China and Europe, underpinning a recovery in the market after a prolonged slump.
The July-September quarter marked the fourth consecutive quarter of growth in the smartphone market, research firm Canalys said in a report on Monday.
Apple reached record high third-quarter shipments, backed by strong demand for its older models, the report added. WHY IT'S IMPORTANT
The smartphone market has been recovering as a series of artificial intelligence features and new releases prompt users to replace their devices after a months-long downturn following the pandemic.
Smartphone providers such as Apple and Samsung as well as various chipmakers have pinned high hopes on the market's resurgence amid intense competition. KEY QUOTES
Marketing
Performance Marketing for eCommerce Brands
By — Zafer Mukeri, Founder- Inara Marketers
Finance
Corporate Fraud and Forensic Modelling
By — Ankush Lamba, Managing Director- Ankura
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By — CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By — Metla Sudha Sekhar, IT Specialist and Developer
Technology
Cybersecurity Masterclass
By — Gaurav Khera, Partner, Risk Advisory: Deloitte
Legal
Mastering M&A Deal Making
By — Ashwath Rau, Senior Partner- AZB & Partners
HR
Human Potential
