This story is getting old. The latest IDC numbers confirm what Strategy Analytics said first two weeks ago: Android has won, Windows Phone is still small but growing faster than any other mobile platform, and Apple’s iPhone empire, while likely still the most profitable hardware+software+media ecosystem in the world, continues to lose market share.
And yes, Apple, it all comes down to one thing: “Android and Windows Phone continued to make significant strides in the third quarter. Despite their differences in market share, they both have one important factor behind their success: price,” said Ramon Llamas, Research Manager with IDC’s Mobile Phone team. “Both platforms have a selection of devices available at prices low enough to be affordable to the mass market, and it is the mass market that is driving the entire market forward.”
Here are the Q3 2013 quick stats: Android: Up 6.1 percentage points in market share, up 51.3 percent in units iPhone: Down 1.5 percentage points in market share, up 25.6 percent in units Windows Phone: Up 1.6 percentage points in market share, up 156 percent in units BlackBerry: Down 2.4 percentage points in market share, down 41.6 percent in units In other words, Apple and BlackBerry can now be mentioned in the same breath as two major (or, in BlackBerry’s case, once-major) mobile platforms that are decreasing in market share. Average selling prices of smartphones decreased for yet another quarter, down 12.5 percent to an average price of $317. A
n iPhone 5S starts at $649, off contract, and Apple’s iPhone 5C, which analysts had hoped would be the company’s answer to the infusion of lower-cost smartphones, starts just $100 less, at $549. There’s no doubt that Apple was hurt in the third quarter by buyers delaying purchases as the new iPhone 5S and 5C were rumored and expected. And there’s little doubt that Apple will have a stellar quarter in 2013 Q4 with those exciting new models.
The company will certainly bounce back from this quarter, to a degree. And, Apple has always had — and will likely have for some time to come — stellar market share in the critical U.S. market, even topping 50 percent at times. The problem is that the focus of the smartphone market has shifted east, to China, where a third of all smartphones bought globally are now sold. And to Africa and other parts of Asia. In those regions, Apple has languished in seventh place as local competitors such as Xiaomi, Huawei, Yulong, and of course Samsung win on price, with devices sometimes as low as $100.
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Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.
How will oil prices shape the Covid-19 recovery in emerging markets?
– After falling significantly in 2020, oil prices have returned to pre-pandemic levels
– The rise has been driven by OPEC+ production cuts and an improving economic climate
– Higher prices are likely to support a rebound in oil-producing emerging markets
– Further virus outbreaks or increased production would pose challenges to price stability
A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.
Brent crude prices rose above $60 a barrel in early February, the first time they had exceeded pre-Covid-19 values. They have since continued to rise, going above $66 a barrel on February 24.
The ongoing increase in oil prices, which have soared by 75% since November and around 26% since the beginning of the year, marks a dramatic change from last year.
Following the closure of many national borders and the implementation of travel-related restrictions to stop the spread of the virus, demand for oil slumped globally.
In the wake of the Saudi-Russia price war in early 2020, Brent crude prices fell from around $60 a barrel in February that year to two-decade lows of $20 a barrel in late April, as supply increased and demand plummeted. The value of WTI crude – the main benchmark for oil in the US – fell to record lows of around $40 a barrel last year on the back of a lack of storage space.
While global demand for oil remains low, one factor credited with reversing the trend is the decision to make significant cuts to oil production, which subsequently tightened global supplies.
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