AssetID: 53650026
Headline: UNCAPTIONED: Samsung Knocks Apple From Top Phonemaker Spot
Caption: Samsung Knocks Apple From Top Phonemaker Spot. Fox News reports that Apple's phone shipments have dropped by about 10%. During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%. Xiaomi came in third with 14.1%. Samsung shipped over 60 million phones during Q1 2024. Apple only shipped 50.1 million. Last year during the same time period, Apple shipped 55.4 million. Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024. The increase in Samsung shipments could be attributed to the company's release of Galaxy S24 series phones. During a launch event at the beginning of the year, Galaxy AI, which is incorporated into the company's new smartphones, was touted as "a new era of mobile AI". News of Samsung's triumph comes as Apple is cutting over 600 jobs in California following reports that the company is abandoning its electric car efforts. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
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