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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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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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Tech Giant Apple to Launch 16-inch MacBook Pro in September

Kuo has also previously claimed that two new iPad Pro models will enter mass production between the fourth quarter of 2019 and the first quarter of 2020

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Apple logo. Pixabay

Apple is all set to launch its 16-inch MacBook Pro in September this year, media reported on Monday.

“We foresee that Apple will release a new product in September 2019 Apple event if there’s no unexpected development issue,” said Jeff Lin, Associate Director of Consumer Electronics at IHS Markit, reported The Verge.

The upcoming MacBook Pro is said to feature an LCD panel from LG display with a resolution of 3072 x 1920, which is better then the current high-end model’s 15.4-inch 2880×1800 display.

antitrust lawsuit, apple, iphone apps
FILE – Apple’s App Store app is seen in Baltimore, MD., March 19, 2018. VOA

In an earlier report, famed Apple analyst Ming-Chi Kuo spoke about the launch of new Apple devices.

Kuo stated that the company might launch a new iPad with 10 or 12-inch screen in late 2020 or early 2021 and a MacBook with 15 to 17-inch screen size in the first half of 2021 equipped with mini-LED panels.

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Kuo has also previously claimed that two new iPad Pro models will enter mass production between the fourth quarter of 2019 and the first quarter of 2020. (IANS)