Sale on iPhone affects Galaxy Phones Analyze Galaxy Phone

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Sale on iPhone affects Galaxy Phones Analyze Galaxy Phones

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Step 1-Apple vs samsung

previously the market of phones were dominated by Nokia and Motorola but currently the market of phones are being dominated by Apple and Samsung and this happened back in 2007 when the apple launched its flagship phone series called iPhone. Then the market was dominated by Apple till 2013 when Samsung introduced its smartphones.

Towards the end of 2021 we find that iPhone has dominated the market with sale records of more than 80 millions as compared to Samsung who's sale is less than 70 million. This is largely due to the launch of iPhone 13.

But if we compare the market share of both the phones then we shall find that the market share of Samsung is far more than that of apple. This is because more than 60% of smartphone use the technology of Samsung. But in comparison of revenue collection the apple iPhone have won the game. 

Finally in the ranking of digital companies we will find that Apple hold the crown of being the top company as compared to Samsung which is placed in the third position.

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