Apple Dominate The Global Smartphone Profits In Q3 2017, But The Share Has Fallen From 86% To 60%

According to the latest estimates from Counterpoint research show that Apple continues to dominate the global smartphone profits in the third quarter of 2017. Even though Apple’s share of the profits has fallen from 86 percent from the previous quarter, but it still has a respectable 59.8 percent in the third quarter of 2017.

Why did this happen? The agency analysis that may be due to weak sales of the iPhone 8 and iPhone X series in the third quarter, while older models with lower profit such as the iPhone 7 sold well, resulting in a fall for Apple's consolidated profits.

The decline will certainly lead to the rise,  the research shows that Samsung is the third-quarter winner, Galaxy Note 8 performance is super strong, Samsung's profit share reached 26%. It' worth mentioning that, in 2016 Samsung suffered Note 7 battery gate, the profit share has fallen to a meager 0.1%.

Other Android vendors also performed well in Q3 2017. The Chinese smartphone makers Huawei, OPPO, and Vivo accounted for 4.9%, 4%, and 3.1% of the profits respectively, something that has never happened before.

In the past, Samsung and Apple dominated the smartphone market, with Apple accounted for more than 95% of the profits, and its annual profit reached over 80%. While Samsung's shipments much higher than all rivals, so that other manufacturers only can earn 1% of the industry profits.

But now it seems all major brands have emerged, it is reported that the third quarter of global smartphone shipments reached an unprecedented 400 million, while the top ten manufacturers accounted for 75% of the market share,

Via Feng And Indian Express, Image Credit 

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