Apple recently hit the trillion dollar valuation (slightly behind schedule) and you may be wondering why. Counterpoint Research has two charts that will quickly explain it Ė Apple took in 62% of the global profits from phones during the second quarter of this year. Thatís $6 billion in profits on $30 billion of revenue.
The Q2 profits of chief rival Samsung have been falling for the last three years and it took home 17% of the global profits, less than a third of what Apple made fro its phones. Meanwhile Chinese brands have been growing steadily with Huawei and Xiaomi getting a huge boost this year.
Itís easy for Apple to have good profit margins Ė nearly all of the phones costing $800 or more were sold by Cupertino. The $600-$800 segment is a fairly even split between Apple and Samsung (itís 44% vs. 41%, the chart makes the difference seem much bigger). Samsungís numbers declined recently as the Galaxy S9 underperformed.
Itís the $400-$600 segment where the Chinese brands show their strengths Ė after all, most of them sell their flagships at these prices. Here Oppo matches Apple, Huawei nearly matches Samsung and OnePlus and Huawei fight for the leftovers.
Hey I am not wrong cause my son is using iPhone 7 only, we don't have iPad. But I'm paying for additional storage every month. Of course it's only 4 USD per quarter and you can multiply it with millions of others like me and that adds to their quarte...
Well don't look at sales. Just buy phone you like. I hate that many people say you can't afford it. It isn't true. I can afford any flagship smartphone. But iPhone isn't my thing. Android is my life.