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Apple’s foray into 5G is looking like a success.
The tech giant’s iPhone 12 and iPhone 12 Pro devices took the No. 1 and No. 2 spots in 5G phone sales this October, according to data from Counterpoint Research.
The phones, which sport an all-new design as well as the cutting edge tech, captured a combined 24 percent of the 5G market, with the cheaper iPhone 12 getting 16 percent share while the premium iPhone 12 Pro took 8 percent.
In third place was Samsung’s Galaxy Note 20 Ultra 5G, which made up 4 percent of all 5G phone purchases.
Analyst Varun Mishra wrote that sales were helped by strong carrier promos, with all the biggest carriers in the US offering the phone for free if customers traded in devices or signed up for unlimited data plans.
“There is a large pent-up demand for 5G upgrade, especially within the iOS base, which is not getting converted into sales,” he added.
Indeed, the iPhone 12 sold so well that it ranked seventh in the top-10 best-selling devices between January and October this year, a remarkable achievement considering the device was released in mid-October.
Shares of Apple were up 3 percent Tuesday afternoon following reports that the company is planning to build a self-driving car by 2024.
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