The iPhone 12 series’ cumulative global sales crossed the 100 million units mark in April, according to Counterpoint Research’s mobile handset Market Pulse Service. The series was able to achieve this feat in the seventh month after its launch.
That’s two months earlier than the iPhone 11 series and almost the same as the iPhone 6 series. Counterpoint Research says that, with the iPhone 12 series, Apple has achieved another volume super-cycle after six generations of iPhones and at the cusp of 5G transition.
In the case of the iPhone 6 series, the strong pent-up demand for larger-screen iPhones drove the sales. For the iPhone 12 series, the addition of 5G capability and a full OLED screen attracted customers. With the average sales price for Apple phones being at an all-time high, the iPhone 12 series’ volume super-cycle will also lead to a revenue super-cycle breaking its own record every year, according to Counterpoint Research.
The research group says there has also been a shift in model preferences between the iPhone 11 and iPhone 12 series. Consumers preferred the highest version of the iPhone 12 series during the first seven months after the series’ launch. The share of the Pro Max version in the iPhone 12 series sales was 29%, compared to the 25% for the same model of the iPhone 11 series. This is also one of the reasons for the iPhone 12 series grossing 22% more revenue than the iPhone 11 series in the first seven months of its launch, according to Counterpoint Research.
The launch price of the base variants of the iPhone 11 Pro Max and the iPhone 12 Pro Max was the same at US$1,099. The notable upgrades in the 12 Pro Max were 5G capability, a higher RAM/memory, and the A14 Bionic chip. There was also a trade-off as the charger and headphones were missing from the box.
However, Counterpoint Research says this didn’t seem to be a deal-breaker for consumers, especially in the U.S. The country contributed to 40% of the global iPhone 12 Pro Max sales till April.
The upgrades, which came at the same price as that of the iPhone 11 Pro Max, supported by aggressive operator promotions, helped the 12 Pro Max sales soar to make it the highest-selling device in the US consistently since December 2020. Moreover, the iPhone 12 series was also comparatively less affected by the pandemic than the iPhone 11 series. Also, consumers who held on to their devices last year due to the pandemic, upgraded to the 12 series.
“Supported by the stellar performance of the iPhone 12 series, Apple achieved a record-high market share for April,” says Counterpoint Research. “It has also consistently achieved a record-high market share in the US since October 2020 and the trend is likely to continue in May 2021.”
If there’s a downside for Apple, it’s that Samsung has reclaimed some of its lost smartphone market share from Apple in South Korea during the first quarter. According to Counterpoint, Samsung’s Galaxy S21 5G smartphone was the most popular model in South Korea during the first quarter. This was followed by the tech giant’s Galaxy A31 and Apple’s iPhone 12 Pro. Overall, seven out of the top 10 selling phones during the quarter were those by Samsung. The remaining three were iPhones from Apple.