The profit on Apple's iPhone is more than 3.6 times that of Samsung, making more than three times the profit of China's top 4 brands that sell 43% of the world's premium phones.
According to a new report by Counterpoint Research, Apple's global mobile revenue share far outweighs that of other mobile phone manufacturers in the world.
Apple's 62% share in the second quarter was significantly higher than Samsung (17%), making it more than three times more profitable than Huawei, OPPO, Vivo, Xiaomi. The remaining profit of the other over 600 mobile phone brands was less than 1%.
Counterpoint, "aggressive" efforts by Chinese brands to sell their flagship program shows that cumulative earnings reached $ 2 billion for the first time, Apple's share was $ 6 billion. Apple reports approximately $ 30 billion in iPhone sales during the fiscal year.
Analyst Karl Shauhan wrote that Samsung 's profit for smartphones "declined by 21% per year as sales of the Galaxy S 9 series fell below expectations." Shipments of the Galaxy S9 series decreased by 24%. "
Apple holds 88% of smart phone sales at $ 800
The profit of the industry is mainly produced by high class luxury models. In the second quarter, global smartphone demand decreased by 1%, while high-end smartphone sales (over $ 400, about one-fifth of smartphone sales) grew 7% globally.
Apple held 24% of Samsung, 10% of OPPO, 9% of Huawei, 3% of Xiamen's OnePlus and 43% of all "premium sales" above 2%.
Apple and OPPO were 22% of sales, Samsung 16%, Huawei 14%, Shaomi 6%, One Plus 5%. Between $ 600 and $ 800, Apple accounted for 44% of total sales, followed by Samsung accounted for 41%.
"Samsung's share of 600 to 800 dollars has declined as sales of the Galaxy S9 series fell below expectations," Tarn Pathak points out. Counterpoint said it is over $ 800, Apple accounts for 88% of sales.
Hope you like the news Apple sold 43% of all phones priced above $400 globally in Q2, earned majority of handset profits. Stay Tuned For More Updates 🙂