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iPhone shipments fell almost 15% in Q4 2022 according to IDC

By Cookie Monster - on 27 Jan 2023, 12:00am

iPhone shipments fell almost 15% in Q4 2022 according to IDC

The Apple iPhone 14 Pro and iPhone 14 Pro Max.

 Apple shipped close to 13 million fewer iPhone units in Q4 2022 compared to the same period in 2021.

According to preliminary data from International Data Corporation (IDC), Apple is estimated to have shipped 72.3 million iPhones in Q4 2022. This translates to a drop of 14.9% year over year. 

The drop in iPhone shipments is not unexpected; a Covid-19 outbreak in Foxconn's biggest iPhone factory led to a temporary disruption in production of iPhone 14 Pro models during the holiday season. An estimate by Bloomberg in November 2022 indicates a production loss of up to 6 million iPhone 14 Pro units.

Other phone makers suffered worse fates. Samsung saw shipments decline by 15.6% while Xiaomi saw a 26.3% drop. Overall, global phone shipments dropped 18.3% year over year to 300.3 million units in Q4 2022. IDC says it is the biggest-ever drop in a single quarter, and it has "never seen shipments in the holiday quarter come in lower than the previous quarter". 

Looking ahead, IDC expects "rising inflation and growing macro concerns" to impact consumer spending and possible recovery might only happen towards the end of the year.

Source: IDC

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