Apple posts second-lowest y-o-y iPhone growth rate in almost four years
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Apple posts second-lowest y-o-y iPhone growth rate in almost four years

The worldwide mobile phone market grew 6.0% year over year in the second quarter of 2013 (2Q13), according to the International Data Corp. (www.idc.com). Vendors shipped a total of 432.1 million mobile phones in 2Q13 compared to 407.7 million units in the second quarter of 2012 according to the research group. The 2Q13 total was also slightly higher than the 428.8 million units shipped in the first quarter of 2013.

Apple posted its second-lowest year-over-year iPhone growth rate in almost four years as some buyers presumably held off on iPhone purchases in advance of an expected next-generation device launch this fall. Nonetheless, the 31.2 million iPhones Apple shipped last quarter was impressive as its flagship iPhone 5 model, which has been in the market for three quarters, was faced with additional global competition. Apple's growth is likely to accelerate globally assuming it launches a lower-cost iPhone and continues to penetrate prepaid markets in the quarters to come, says IDC.

Samsung, on the heels of its Galaxy S4 launch during the quarter, saw its volumes reach new levels and accounted for nearly a third of the entire smartphone market. By the end of the quarter, Samsung more than doubled the total volumes of the next largest vendor, and shipped more units than the next four vendors combined, says IDC.

 

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