Previewed at WWDC, launching in the fall.
Apple Recorded More Than Half of Total Smartphone Industry Revenue in iPhone X Launch Quarter
Apple captured a record 51 percent share of revenue in the worldwide smartphone industry last quarter, which encompassed the launch of the iPhone X, according to research firm Strategy Analytics.
iPhone revenue totaled $61.5 billion in the fourth quarter of 2017, as Apple disclosed in its earnings report earlier this month. Strategy Analytics estimates Apple's smartphone revenue was three times higher than its nearest rival Samsung and seven times more than Chinese competitor Huawei.
Apple accounted for more smartphone revenue than the rest of the entire industry combined in the quarter, driven by "solid demand" for the iPhone X, said Strategy Analytics executive director Neil Mawston.
iPhone's average selling price was $796 last quarter, up from $695 in year-ago quarter, which Strategy Analytics estimates to be almost three times higher than the overall industry average. Apple sold 77.3 million iPhones in the quarter, but it didn't disclose how many of those sales were iPhone X models.
Priced at $999 and up, the iPhone X has undoubtedly helped Apple increase its revenue share in the smartphone industry. What's more important is profits, however, and the iPhone often accounts for over 100 percent of net income in the smartphone industry when factoring in the losses posted by some rivals.
iPhone revenue totaled $61.5 billion in the fourth quarter of 2017, as Apple disclosed in its earnings report earlier this month. Strategy Analytics estimates Apple's smartphone revenue was three times higher than its nearest rival Samsung and seven times more than Chinese competitor Huawei.
Apple accounted for more smartphone revenue than the rest of the entire industry combined in the quarter, driven by "solid demand" for the iPhone X, said Strategy Analytics executive director Neil Mawston.
iPhone's average selling price was $796 last quarter, up from $695 in year-ago quarter, which Strategy Analytics estimates to be almost three times higher than the overall industry average. Apple sold 77.3 million iPhones in the quarter, but it didn't disclose how many of those sales were iPhone X models.
Priced at $999 and up, the iPhone X has undoubtedly helped Apple increase its revenue share in the smartphone industry. What's more important is profits, however, and the iPhone often accounts for over 100 percent of net income in the smartphone industry when factoring in the losses posted by some rivals.
Related Roundup: iPhone X
Tag: Strategy Analytics
Buyer's Guide: iPhone X (Caution)
[ 172 comments ]
Top Rated Comments
(View all)
22 weeks ago
You mean consumers who are "forced" to buy products?
It's my own choice to buy Apple products but I would be a lot more happy about it if they were a bit cheaper.
22 weeks ago
Music in the investors ears not the consumers!
You mean consumers who are "forced" to buy products?
22 weeks ago
Apple's market capitalization dwarfs Samsung's, and Apple doesn't make kitchen appliances.:)
22 weeks ago
Sure, i would love to buy a Mercedes at the price of a Kia.
Why exaggerate? I said a bit cheaper, not less than half the price. I've been buying Apple products long enough to know they are never going to be cheap but recent price hikes over the last few years have made me question whether they still offer good value for money. :(
22 weeks ago
Unless you're a stock holder why are most of the commentators here so happy to pay kind of monopolistic prices?
22 weeks ago
Lets hope things keep getting better.
Love to see the next iPhoneX in a bigger size.
+1 I'm dying for a "iPhone X Plus". I miss my old Plus size screen. Every time I see someone using a Plus in public I'm a bit jealous.
[ Read All Comments ]
In iOS 12, Apple has given users the tools to cut down on disturbances to get more time away from their devices if desired, and one of these new tools is an expanded set of Do Not Disturb options.
...
When Apple launched the iPhone X, a whole new set of gestures were introduced, changing the way that we were used to interacting with our iPhones.
One of these changes involved the App Switcher...
For this week's giveaway, we've teamed up with Choetech to offer MacRumors readers a chance to win an 18W USB-C Power Delivery Wall Charger.
This giveaway product is a little simpler...
The very first Apple Store opened its doors on May 19, 2001, at the Tysons Corner Center shopping mall in McLean, Virginia, near Washington D.C. Now, just over 17 years later, those doors may soon...
Uber this week announced a partnership with startup "Cargo," which aims to increase the wages of rideshare drivers by providing them with small containers filled with goods that riders can...
In iOS 12, Apple's digital health push includes a couple of special new features for iPhone and iPad users who want to cut down on their app usage: App Limits and Downtime. In this article,...
The latest proposed U.S. tariffs on $200 billion of Chinese goods name Apple Watch and other activity trackers assembled in China, according to government rulings. Reuters reports the latest...
WhatsApp says it is limiting the ability to forward messages to multiple chats at once in an attempt to reduce the spread of spam and misinformation.
The news follows WhatsApp's recent...
