IPhone-12 series has helped Apple to earned revenue of $114 billion. I Phone sales during the last quarter totalled $65.6 billion, a 17 per cent increase from the same time in the previous year.
Apple had sold over 81.9 million iPhone units in the last quarter shows the consumer interest in the iPhone, despite the global pandemic. Apple said there are now more than 1 billion active iPhone, a key milestone for the company.
Samsung, slowed down a bit in Q4 2020. It has managed to ship 62.5 million units in the last quarter versus iPhone’s 81.9 million units. Analysts say strong sales of iPhone-12 were the reason why Samsung fell to the number two spot in the global Smartphone tally in the final quarter of last year.
Huawei's position fell to the number sixth spot in the last quarter. Sales of Smartphone fell to 33.0 million units, a decline of 35 per cent year over year. As a Chinese tech it has been struggling to survive after the US restricted access to the key components and software that are needed to make a smartphone. Huawei recently sold its Honor phone business to the newly-formed Shenzhen Zhixin New Information Technology Co., a consortium of partners and government-backed businesses.