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iPhone X gets 35% of total handset industry profits in Q4 2017

Apple and Samsung flagship models lead in terms of profits as compared to other OEMs

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Apple
Top apps using Siri Shortcuts to make daily tasks easier: Apple. Pixabay

As global handset profits dipped 1 per cent (year-on-year) in the fourth quarter of 2017, Apple X alone generated 35 per cent of the total handset industry profits, helping the iPhone maker grow 1 per cent (YoY) in the same quarter, a new report said on Tuesday.

According to the latest research from Counterpoint’s Q4 2017, the premium smartphone market did not grow as expected while Apple remained the most profitable brand, capturing 86 per cent of the total handset market profits.

Apple is also working on the new iPhone. IANS

“Apple grew 1 per cent (YoY) even with the iPhone X being available for only two months in Q4 2017. The iPhone X alone generated 21 per cent of total industry revenue and 35 per cent of total industry profits during the quarter,” Research Analyst Karn Chauhan said in a statement.

“The share of iPhone X is likely to grow as it advances further into its life-cycle. Additionally, the longer shelf life of all iPhones ensured that Apple still has eight out of top 10 smartphones, including its three-year-old models, generating the most profits compared to current competing smartphones from other OEMs,” Chauhan informed.

The global smartphone market has already reached its peak with longer replacement cycles and key smartphone OEMs are now under pressure to book profits. “Chinese OEMs cumulative profits crossed $1.3 billion during Q4 2017. This was driven by the increased mix of mid to high-end smartphones. In fact, the average selling price (ASP) of their flagship devices also increased YoY,” added Associate Director Tarun Pathak.

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Key Chinese players like Huawei, OPPO and Vivo are now looking to scale up the price band, by leveraging their inhouse manufacturing capabilities and bringing innovation to their devices, he added. iPhone X generated 5 times more profits than the combined profits of over 600 Android OEMs during Q4 2017.

Apple and Samsung flagship models lead in terms of profits as compared to other OEMs. Huawei was the leading brand among all the Chinese brands, with profit increasing 59 per cent (YoY). “With an increased mix of flagship sales for key Chinese brands, we expect profit share of Chinese players to grow in the coming quarters,” the report added. IANS

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Apple iPhone XR Dominated Global Smartphone Market in 2019: Report

Apple's iPhone XR dominated 2019 smartphone market, said Omdia's Smartphone Model Market Tracker report

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Apple iPhone XR
A report claimed that Apple's iPhone XR dominated the global smartphone market in 2019. Pixabay

Omdia’s Smartphone Model Market Tracker report has claimed that Apple’s iPhone XR dominated the global smartphone market in 2019. This is a new development in the science and technology field.

Apple shipped an estimated 46.3 million iPhone XR units across 2019, while the iPhone 11, the new Apple mid-ranger, managed 37.3 million shipments in 2019.

“Apple has consistently owned the first and second positions in the global smartphone model shipment ranking, with the company maintaining this dominant position for more than five years running,” Jusy Hong, smartphone research and analysis director at Omdia said in a statement.

Apple iPhone XR
Apple shipped an estimated 46.3 million iPhone XR units across 2019. Pixabay

“By limiting the number of models it offers compared to its top competitors, Apple has been able to concentrate its sales on a few smartphones that have broad appeal, like the iPhone XR,” Hong added.

While Apple accounted for first place and second place, Samsung rounded out the top 5 with the Galaxy A10, Galaxy A50 and Galaxy A20 attaining shipments of 30.3 million, 24.2 million and 23.1 million units respectively.

Also Read- Samsung Mobile Tops the List of the Most Desired Brand in India: TRA

The iPhone 11 Pro Max was the sixth most popular smartphone with 17.6 million shipments, followed by the iPhone 8 at 17.4 million.

Additionally, a recent report from Counterpoint Research found iPhone XR helped Apple’s iPhone become the fastest growing premium smartphone brand in India over the course of 2019. (IANS)