Saturday December 14, 2019
Home Business iPhone X gets...

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

0
//
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.

Also Read: Google AI can focus on individual speakers in a crowd

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

Next Story

Google Assistant Rolls out Interpreter Mode for Smartphones

Google Assistant's interpreter mode comes to smartphones

0
Google Assistant
Google Assistant rolls out interpreter mode for Android and iOS devices. Pixabay

Interpreter mode, the real-time translation tool is now rolling out to Assistant for Android and iOS users.

Now, by just using a smartphone can have a back and forth conversation with someone speaking a foreign language.

Google says it will work with 44 languages and can be invoked by saying commands like “Hey Google, help me speak Thai” or “Hey Google, be my German translator.”

Google Assistant
To access it on iOS, user needs to download the latest Google Assistant app. Pixabay

“To get started, just say “Hey Google, be my German translator” or “Hey Google, help me speak Spanish” and you’ll see and hear the translated conversation on your phone. After each translation, the Assistant may present Smart Replies, giving you suggestions that let you quickly respond without speaking-which can make your conversations faster and even more seamless,” Lilian Rincon, Senior Director of Product Management, Google Assistant said in a statement on Thursday.

To access it on iOS, user needs to download the latest Google Assistant app.

Also Read- PUBG Mobile, Peace Elite’s Global Revenue Exceeds $1.5bn: Report

Interpreter mode also features different ways to communicate suited to the users situation: one can type using a keyboard for quiet environments, or manually select what language to speak.

To recall, back in January at CES, Google announced an Interpreter Mode for Smart Displays and speakers. (IANS)