IPhone Production Hits 60.2M Units as Rivals’ Market Share Shrinks
Apple shipped 60.2 million iPhones in Q1 2026, a 19.7% jump while the broader smartphone market shrank 1.7%—a gap that defies typical product cycle explanations. By holding prices steady despite industry-wide memory cost surges, Apple is executing a calculated strategy: absorb costs now, protect its installed base, and capture services revenue later.









