According to data released by Counterpoint Research, it was revealed that Apple contributed substantially to the global smartphone industry’s profit in Q4 2017.
The entire smartphone industry reported a decline in profits by 1% for the same time period. One of the handsets that have a major role in contributing to industry profits during this period is the iPhone X.
The iPhone X smartphone launched last year accounted for 35% of global smartphone profits. Clearly this is a remarkable achievement, although the smartphone is only available for two months in Q4 2017 (November and December).
Not only that, this smartphone also accounts for 21% of global smartphone revenue for a period of three months. During the fourth quarter, iPhone X has five times the profit generated by 600 manufacturers of Android smartphones.
Based on the information presented by Karn Chauhan, a Counterpoint analyst said that iPhone X will likely continue to grow more advanced. In addition, the longer shelf life of all iPhones ensures that Apple still has 8 of the top 10 smartphones, including the iPhone model released three years ago.
Chinese smartphone producers made a profit of 1.3 billion USD in Q4 because the companies have started to dare to work with high-end handsets, which have raised the average selling price of these companies.
