Apple logs record quarterly smartphone shipments, Huawei in freefall

FILE PHOTO: A man wears a face mask while waiting at an Apple Store before Apple's 5G new iPhone 12 go on sale, as the coronavirus disease (COVID-19) outbreak continues in Shanghai China October 23, 2020. REUTERS/Aly Song/File Photo

(Reuters) - Apple Inc's smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world's biggest seller, while those for Huawei plunged as U.S. sanctions took effect.

An expanded number of models and a new look for the iPhone 12 lineup, Apple's first 5G-enabled devices, tapped pent up demand for upgrades, especially in China.