Global smartphone market touches 10-year low but Apple's iPhone shines
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The global smartphone market has hit a 10-year low, with an 8% year-on-year drop in Q3 2023, as reported by Counterpoint Research. Despite the overall slump, Apple held strong with a 16% market share, just a tad less from 17% in Q3 2022. The iPhone 15 series' warm welcome, even with limited availability, is credited for Apple's resilience.