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Apple's global smartphone sales take 3rd place

Dion Rabouin, author of Markets
Expand chart
Reproduced from IDC; Table: Axios Visuals

Globally, smartphone sales are slowing down, but data shows Apple is doing especially poorly. Consumers are slower to upgrade their iPhones, and they're switching brands.

Where it stands: Apple saw a 30% decline in shipments in Q1 2019 from last year, as "the iPhone struggled to win over consumers in most major markets," data from market research firm IDC shows.

  • It now holds just 11.7% of global smartphone market share, down more than 25% from a year ago.
  • The U.S., where Apple holds its largest market share, saw the biggest decline in shipments.
  • Shipments for Apple's iOS platform are expected to fall by more than 12% this year.

Go deeper: Apple needs a next act

Go deeper

Mike Allen, author of AM
6 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.

Go deeper (1 min. read)Arrow
Nicholas Johnston
9 hours ago - Technology

Cyber CEO: Next war will hit regular Americans online

Any future real-world conflict between the United States and an adversary like China or Russia will have direct impacts on regular Americans because of the risk of cyber attack, Kevin Mandia, CEO of cybersecurity company FireEye, tells "Axios on HBO."

What they're saying: "The next conflict where the gloves come off in cyber, the American citizen will be dragged into it, whether they want to be or not. Period."

Go deeper (1 min. read)Arrow
Axios
9 hours ago - Politics & Policy

Cedric Richmond: We won't wait on GOP for "insufficient" stimulus

Top Biden adviser Cedric Richmond told "Axios on HBO" the White House believes it has bipartisan support for a stimulus bill outside the Beltway.

  • "If our choice is to wait and go bipartisan with an insufficient package, we are not going to do that."

The big picture: The bill will likely undergo an overhaul in the Senate after House Democrats narrowly passed a stimulus bill this weekend, reports Axios' Kadia Goba.

Go deeper (<1 min. read)Arrow

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