Apple iPhone increases global domination of growing premium smartphone market

The global premium ($600 or more wholesale price) smartphone market, which is increasingly dominated by Apple’s market-defining iPhone, grew 1% YoY in 2022, which allowed the price segment to contribute to 55% of the total global smartphone market revenue for the first time ever, according to Counterpoint Research,
iPhone 13 Pro and iPhone 13 Pro Max
Counterpoint Research:There are several reasons for this growth. Despite the tough market conditions in 2022, affluent consumers were more im