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Counterpoint: iPhones accounted for 37% of global 5G handset sales in January, as 5G phones made up more than half of global smartphone sales for the first time

Apple Inc.'s iPhones led the mobile industry to a milestone in January, when handsets with fifth-generation cellular networking accounted …

Bloomberg Vlad Savov

Context & Ripple Effects

Apple entered the 5G transition from a position of unusual handset economics: its iPhone revenue rose 35% in 2021, helping the top five brands account for more than 85% of industry revenue. Its earlier dominance of the $800-plus handset tier also gave Apple a large premium-phone base to migrate to newer network technology.

January marks the point at which 5G moved from a feature concentrated in selected models to a majority of worldwide smartphone sales. Later coverage of 2 billion cumulative 5G smartphone shipments shows how quickly that migration became industry-wide, with Apple and Samsung accounting for half of those shipments.

First-order effects

  • Apple captures 37% of January's global 5G handset sales, making the iPhone the central beneficiary as 5G handsets cross the majority-sales threshold.
  • Android handset makers now face Apple in a 5G market that is no longer a niche upgrade category, intensifying competition for buyers replacing older devices.

Second-order effects

  • The shift concentrates more smartphone revenue in vendors able to pair 5G models with premium pricing, reinforcing the revenue concentration already visible among the top five brands.
  • Samsung becomes the clearest counterweight to Apple in the maturing 5G market: subsequent coverage identifies the two companies as jointly responsible for 1 billion cumulative 5G shipments.

Third-order effects

  • As 5G becomes the default rather than a differentiator, handset competition is likely to turn more on ecosystem strength, product tiers, and installed-base retention than on network-generation branding alone.
  • The pattern favors an increasingly concentrated smartphone market, provided Apple and Samsung continue to retain their combined scale in 5G shipments.

The trend: 5G is becoming the baseline smartphone platform, with Apple and Samsung positioned to capture an outsized share of the transition's volume and revenue.