Apple loses top phone-maker title to Samsung

Apple has been surpassed by Samsung as the world’s top phone maker, according to data from research firm IDC released over the weekend.

Apple experienced a roughly 10% drop in phone shipments in the first quarter of the year, resulting in a market share decrease to 17.3%.

Increased competition, particularly from Samsung’s new flagship models, contributed to Apple’s decline, Reuters reported.

READ MORE: https://finance.yahoo.com/video/apple-loses-top-phonemaker-title-052332376.html

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