NEW DELHI & HONG KONG & SEOUL & LONDON & BEIJING & SAN DIEGO & DENVER & BUENOS AIRES--(BUSINESS WIRE)--GLOBAL SMARTPHONE MARKET REVENUE SURPASSED $110 BILLION IN Q1 2022, ACCORDING TO THE LATEST RESEARCH FROM COUNTERPOINT'S MARKET MONITOR SERVICE. IT DECLINED 2% YOY FROM THE PEAK Q1 SMARTPHONE REVENUE OF OVER $114 BILLION IN 2021. IN QOQ TERMS, THE REVENUE SAW A CYCLICAL DECLINE OF 17% FROM AN ALL-TIME HIGH OF OVER $134 BILLION IN Q4 2021. COMMENTING ON THE MARKET DYNAMICS, SENIOR ANALYST HARME
COUNTERPOINT RESEARCH: GLOBAL SMARTPHONE Q1 2022 REVENUES CROSS $110 BILLION LED BY APPLE'S RECORD FIRST QUARTER