Apple iPhone, Google Pixel Sales Rise as Global Smartphone Market Hits 13-Year Low
Global smartphone shipments dropped to a 13-year low in Q2 2026, per Counterpoint. However, Apple and Google posted strong iPhone and Pixel sales, capitalizing on the component shortage that hurt rivals.
Key Numbers
Global smartphone shipments fell to their lowest level since 2013 in the second quarter of 2026, according to a report from Counterpoint. Despite the overall decline, Apple (AAPL) and Alphabet (GOOGL, GOOG) saw growth in iPhone and Pixel sales, respectively, as they navigated the global memory component crisis better than competitors.
Report Details
Counterpoint's report attributed the sharp decline in Q2 shipments to a global memory component shortage. However, Apple and Google managed to secure better component supplies than rivals, allowing them to gain market share.
Apple and Google Performance
Despite the market contraction, Apple's iPhone sales grew, as did Google's Pixel sales. This was partly due to strong demand for new models and more effective supply chain management by both companies.
Context
The decline comes amid market saturation in many regions and a slowing global economy. However, major players like Apple and Google appear better positioned to weather these challenges.
What This Means for Investors
The data suggests Apple and Google may have a stronger competitive position going forward, especially if the component shortage persists. However, any improvement in supply chain conditions could shift the competitive landscape.
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