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Apple Leads Global Smartphone Market in Q4 2024 with Record $125B Revenue. Apple secured the top spot in Q4 2024, driven by strong iPhone 16 sales and holiday demand, according to IDC and Counterpoint Research. The company reported $125 billion in revenue, with iPhones accounting for 58% of sales and a 24% market share. This marks a 5% YoY growth, surpassing Samsung (19%) and Xiaomi (11%). CEO Tim Cook attributed the success to โunwavering innovation and ecosystem loyalty.โ As Apple gears up for its 2025 AR/VR expansion, this milestone reinforces its market dominance. Official earnings release set for January 28, 2025.
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Market Share by Volume (2024-2025) Vivo: 16.5%-19% - Leading in volume due to offline network strength and sub-brand iQOO. Xiaomi: 13.5%-17% - Known for budget-friendly options. Samsung: 12.9%-16% - Strong in premium segments but weaker in lower pric
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Ather Energy Surpasses Ola Electric in Revenue โ Despite Selling Fewer Units (Q4 FY25) Ather Energy outperformed Ola Electric in Q4 FY25 operating revenue by โน65 Cr โ despite selling 1.5x fewer electric scooters. The numbers reveal an interesting s
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Indian Smartphone Market: Shifts & Forecast * Current Leader: Vivo leads (Q4 2024/Q1 2025). * Past: Xiaomi held 28% five years ago, now around 12-13%. * Growth: Apple (part of "others") significantly gained, breaking into top 5 by volume in Q4
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Market Growth and Projections: - Indiaโs EV market is projected to reach USD 54.41 billion in 2025, growing at a CAGR of 19.44% to USD 110.74 billion by 2029. The market revenue is expected to hit USD 69.22 billion by 2033, with a CAGR of 21.40%
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