Apple Slips as Smartphone Rivals Surge Ahead

Apple's smartphone sales dropped 10% last quarter, with a sharp decline in China due to nationalism, a rough economy, and increased competition
Samsung regained the top spot as the world's largest smartphone manufacturer after 12 years behind Apple
Android phones are expected to grow at twice the pace of iPhones this year
The global smartphone market is rebounding after 2 years of pandemic challenges, with shipments up nearly 8%
Apple has not focused messaging on AI like competitors; hopes new announcements at June developer conference can boost interest