Slow innovation in flagship smartphones and rising prices continued to prolong the replacement cycles, he adds. The two countries that sell most smartphones, namely the US and China, saw the decline by 15.8% and 3.2% respectively in the first quarter of 2019.
In the first quarter of 2019, Samsung held the top spot in worldwide smart phone sales reaching 19.2% market share. Huawei achieved the highest annual growth among the world's top five, increasing 44.5% and smartphone sales totaling 58.4 million units.
Sales of Apple iPhones were 44.6 million units in the first quarter of 201
"The price decline for iPhones across markets helped boost demand, but was not enough to restore growth in the first quarter," says Gupta. "Apple is facing longer replacement cycles as users struggle to see enough valuable benefits to justify replacing existing iPhones. "