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Message: <blockquote data-quote="Truth Hurts" data-source="post: 29742789" data-attributes="member: 477372"><h3>Apple iPhone first-quarter shipments sink as Chinese challengers rise; Samsung regains top spot</h3><img src="https://image.cnbcfm.com/api/v1/image/107400876-1713145036256-gettyimages-1683374309-AFP_33W86LT.jpeg?v=1713145071&w=929&h=523&vtcrop=y" alt="TOPSHOT - The Apple iPhone 15 series is displayed for sale at The Grove Apple retail store on release day in Los Angeles, California, on September 22, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)" class="fr-fic fr-dii fr-draggable " style="" />Apple iPhone shipments plunged nearly 10% globally in the first quarter of 2024, pressured by double-digit growth in shipments by Chinese challengers Xiaomi and Transsion, <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52032524" target="_blank">a report from International Data Corporation</a> showed.Apple shipped 50.1 million units In the first quarter, down 9.6% from the 55.4 million shipments in the same period a year earlier. Apple recorded the sharpest decline year on year among the top five smartphone brands, the report showed.Samsung regained the top spot in the first quarter, with a 20.8% market share, shipping nearly the same number of units as last year at 60.1 million.Apple, <a href="https://www.idc.com/getdoc.jsp?containerId=prUS51776424" target="_blank">which surpassed Samsung</a> as the largest smartphone maker in 2023, saw its market share drop to 17.3% from 20.7% a year earlier.<a href="https://www.cnbc.com/2024/04/15/apple-iphone-shipments-sink-as-chinese-challengers-rise-in-q1-idc.html" target="_blank">https://www.cnbc.com/2024/04/15/apple-iphone-shipments-sink-as-chinese-challengers-rise-in-q1-idc.html</a></blockquote>

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