Apple's iPhone 12 may be the best-selling 5G smartphone
23 December, 2020
Apple’ iPhone 12 became the world’s best-selling 5G smartphone inside a fortnight of its global launch in October, surpassing Samsung and Huawei that launched their rival models this past year, according to industry data.
Despite a delayed launch due to coronavirus-induced supply chain disruptions, the iPhone 12 were able to capture 16 % of the 5G smartphone market in October, according to Singapore-headquartered Counterpoint Research. Apple introduced its iPhone 12 series, which starts at Dh2,999 ($817) on October 13.
It was followed by iPhone 12 Pro (starts from Dh4,199) that grabbed 8 per cent of the market.
Samsung’s Galaxy Note 20 Ultra - the best-selling 5G device in September - slipped to third position with a 4 % market share. Counterpoint didn't disclose the exact number of units sold.
“The iPhone 12 and 12 Pro together captured near [a quarter] of the total 5G smartphone sales in October … that is a big achievement, taking into consideration the new iPhone series was designed for only two weeks in October,” Varun Mishra, Gurgaon-based research analyst at Counterpoint Research, said.
The next wave of require for 5G products is expected to come from North America and Europe, areas with relatively big installed base of Apple users.
“There is large pent-up demand for 5G upgrades, especially within the iOS base, which is currently getting changed into sales", Mr Mishra said. "This is complemented by strong carrier promos, especially in the US, which accounted for over one-third of the iPhone 12 and 12 Pro revenue for the month.”
In the years ahead, demand for the i phone 12 series will probably remain strong through the entire last quarter.
“As a result of late launch, a few of the revenue will be pushed to subsequent months, thus [Apple] maintaining the momentum of the iPhone 12 series in early 2021 aswell,” Mr Mishra said.
A 5G network promises an internet speed as high as 1.2 gigabits per second, that will gradually reach 10Gbps - 100 times faster than 4G.
With a wider global roll from the 5G network anticipated next year, smartphone companies are gearing up to provide cheaper 5G-allowed devices.
With lower-priced 5G smartphones, companies such as for example Vivo, Samsung, Oppo and Google are trying to grow their consumer hardware business and attract clients in a slow industry.
Customers is now able to purchase 5G-enabled smartphones ranging from of $150 to $1,600.
Source: www.thenationalnews.com