Global iPhone shipments drop nearly 10% as Apple's 2024 woes continue
While Apple is still the second largest smartphone maker in the world by shipment volume behind Samsung, Chinese firms like Xiaomi and Transsion are gaining momentum in the market. Xiaomi saw shipments rise 33.8% in the quarter to 40.8 million units, while Transsion shipments increased 84.9% to 28.5 million units.