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According to Counterpoint Research, the global smartphone market declined by 18 per cent (year-over-year) to reach 304 million units in Q4 2022.
Source: https://www.canindia.com/global-smartphone-revenue-fall-by-9-in-2022-report/
According to Counterpoint, the Indian smartphone market did eventually take a hit in the year 2022.
According to global research firm Counterpoint Research's Global Monthly Handset Model Sales Tracker, the top 10 best-selling smartphones accounted for 19% of the total global smartphone sales last year.
Counterpoint Mutual Funds LLC acquired a new stake in Viper Energy Partners in the first quarter worth $106,000.
Counterpoint Mutual Funds LLC purchased a new position in shares of Rush Enterprises during the 4th quarter worth about $136,000.
Counterpoint Research’s preliminary data indicates that regional macro risks are driving smartphone replacement rates to historic highs.
Finally, Counterpoint Mutual Funds LLC purchased a new position in shares of Nutanix during the fourth quarter valued at about $150,000.
Last month, Counterpoint data that Apple was expected to gain a larger share of India's smartphone sales, with the high-end iPhone 15 Pro and Pro Max models accounting for more of its shipments.