Apple defies slump, captures top spot in Q1
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New Delhi: Apple led the global smartphone market for the first time in the first quarter (Q1) of any year, achieving 21 per cent market share and 5 per cent YoY growth in Q1 2026, a report showed on Friday.
Apple remains the most insulated brand against the memory crisis due to its ultra-premium positioning and highly integrated supply chain, according to preliminary estimates from Counterpoint Research’s Market Monitor. Continuous strong demand for the iPhone 17 series and aggressive trade-in programmes, along with ecosystem stickiness, drove overall volume growth despite a softer macro environment.
The brand experienced notably stronger growth in several key Asia-Pacific markets, such as India, China and Japan, highlighting robust demand for iPhones and effective strategies in these high-potential markets. The global smartphone market remained under pressure in Q1 2026, with shipments declining 6 per cent YoY, driven by the shortage of DRAM and NAND memory components and weaker demand, according to preliminary estimates. While some regions showed relative stability, overall market sentiment remained cautious as OEMs adjusted their pricing and production strategies, including going in for product delays and fewer launches, and consumers held back on discretionary purchases amid Middle East tensions.
