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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