2022 iPhone shipments fell 14.9% in holiday quarter, but all other brands did even worse

2022 iPhone shipments fell 14.9% in holiday quarter, but all other brands did even worse

2022 iPhone shipments fell 14.9% year-on-year through the holiday quarter, and shipments for the calendar yr had been additionally down by 4%, in accordance with the newest IDC information.

However, whereas that doesn’t seem like nice information, Apple truly fared higher than any other model in each the quarter, and throughout the yr as a complete …

Market intelligence firm IDC stated that the ultimate quarter of final yr skilled the largest decline in smartphone shipments ever seen in a single quarter, and that the yr as a complete was the bottom quantity seen since 2013.

Worldwide smartphone shipments declined 18.3% yr over yr to 300.3 million models in the fourth quarter of 2022 (4Q22), in accordance with preliminary information from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The drop marks the largest-ever decline in a single quarter and contributed to a steep 11.3% decline for the yr. 2022 ended with shipments of 1.21 billion models, which represents the bottom annual cargo whole since 2013 as a consequence of considerably dampened client demand, inflation, and financial uncertainties.

Indeed, stated IDC, holiday quarter shipments had been truly decrease than in Q3 – the primary time that has ever occurred.

“We have never seen shipments in the holiday quarter come in lower than the previous quarter. However, weakened demand and high inventory caused vendors to cut back drastically on shipments,” stated Nabila Popal, analysis director with IDC’s Worldwide Tracker group.

“Heavy gross sales and promotions through the quarter helped deplete present stock moderately than drive cargo progress. Vendors are more and more cautious in their shipments and planning whereas realigning their concentrate on profitability.

Even Apple, which so far was seemingly immune, suffered a setback in its provide chain with unexpected lockdowns at its key factories in China. What this holiday quarter tells us is that rising inflation and rising macro considerations proceed to stunt client spending even greater than anticipated.”

iPhone shipments in This fall declined 14.9% year-on-year – but all other brands noticed their very own shipments fall even additional. From Samsung at 15.6% down, to Xiaomi down 26.3%. The total fall throughout all brands was 18.3%.

It’s the same story in terms of the yr as a complete. 2022 iPhone shipments had been down 4%, but as soon as extra all other brands skilled greater drops – from Samsung at 4.1%, to Vivo at 22.8%. The decline throughout all smartphone brands was 11.3%.

So far, analysts have been anticipating 2023 to be a yr of restoration, with smartphone shipments forecast to rise by 2.8%, but IDC says this seems unsure, for 3 causes.

First, client spending stays cautious. With excessive inflation, and widespread layoffs, many are selecting to watch out with their cash, and luxurious spending isn’t excessive on most individuals’s lists at current.

Second, smartphone makers are being equally cautious, and both holding their lineups static, or truly lowering the variety of fashions provided. Apple tends to do iPhone planning a number of years out, so is probably going caught with a Plus mannequin this yr, even although all the indicators level to very low demand. But it’s potential that there shall be simply three flagship iPhone fashions in the 2024 lineup.

Third, retailers are lowering the scale of their orders in order to keep away from the danger of being left with unsold stock.

IDC says that if we do see any smartphone progress this yr, it’s more likely to be primarily pushed by discounting and offers, not by natural progress.

Photo: R.H. Lee/Unsplash

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