TLDR · BIG TECH & STARTUPS

SAMSUNG TAKING MARKET SHARE FROM APPLE IN U.S. AS FOLDABLE PHONES GAIN MOMENTUM

cnbc.com10 min read

Summary from the TLDR newsletter

Shipments from Samsung surged in the US in the second quarter while Apple's market share declined. Apple remains on top of the US smartphone market, but it is experiencing turbulence for the first time in well over a decade. Samsung's Galaxy and Z phone lineup has a massive span of devices that stretches from $650 up to $2,400, targeting customers at every single price point. Apple may release a folding phone next year - trying out new form factors offers Apple the opportunity to sell devices at higher prices.