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Chronicles

The story behind the story

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IDC: 310.8M smartphones were shipped in Q1, down 6.6% YoY; Samsung was the top vendor with 23.1% marketshare, followed by Huawei with 19% and Apple with 11.7%

The battle for second rages on.  —  While Samsung held the top smartphone spot all four quarters last year …

VentureBeat Emil Protalinski

Context & Ripple Effects

This quarter marks the one-year anniversary of Huawei's climb past Apple: IDC first recorded Huawei shipping more phones than Apple in Q2 2018, and Huawei's 32.9% growth in Q3 kept widening the gap even as Samsung's own shipments fell 13.4%. Apple then closed out what IDC called its worst year with an 11.5% shipment decline in Q4.

Q1 2019 confirms the new hierarchy has stuck rather than snapped back: Huawei's 19% share puts it a full seven-plus points clear of Apple's 11.7%, while the overall market's 6.6% YoY contraction is steeper than the 4.9% drop that ended 2018 — the battle for second is effectively settled for now, and the fight is over how fast the whole pie shrinks.

First-order effects

  • Apple enters Q1 firmly in third place at 11.7% share, its second consecutive quarter trailing Huawei by a wide margin after the worst-year close to 2018.
  • Samsung retains the top spot at 23.1% share, but it is defending leadership in a market shrinking faster than it did last quarter.

Second-order effects

  • With total shipments down 6.6% YoY against a 4.9% decline in Q4, component suppliers and assembly partners face accelerating volume pressure, sharpening the demand-quality questions tracked in the Q1 shipment data.
  • Huawei's sustained second-place position forces Apple to compete on refresh cycles and pricing in a contracting market rather than waiting for share to revert.

Third-order effects

  • If the trajectory from Q2 2018 through Q1 2019 holds, 2019 ends with Huawei entrenched as the permanent number two and the market structured as a Samsung-Huawei duopoly atop a shrinking base, with Apple competing for a smaller premium tier.
  • A fourth straight quarter of YoY declines points toward consolidation pressure across the vendor long tail, as scale becomes the main defense against a shrinking replacement market.

The trend: The smartphone market is settling into a two-vendor race between Samsung and Huawei atop a multi-quarter contraction, with Apple displaced to a distant third.