IPhone X Alone Gets 35% Of Total Global Smartphone Profits

Apple iphone x profit Q4 2017

In Apple's quarterly earnings statement, Apple CEO Tim Cook declared that since it shipped to customers, the iPhone X was the biggest seller every week during the holiday season that was being examined by Counterpoint, outpacing the iPhone 8 and iPhone 8 Plus through November and December. The reason for this was the new feature in gadgets. As Apple Insider points out, none of these model numbers have been used for other devices before, so it seems that we're looking at a listing for a collection of new devices. It has a starting price of $999, which goes up to $1,149 for the 256GB model. The lower-than-expected demand from iPhone X given its expensive price tag is an overhang. The EEC has revealed new upcoming iPhone model numbers several times in the past, and they're typically posted on the site about a month before they're announced and released to the public. 8 out of top 10 smartphone models that generate more profit for OEMs belong to Apple.

It's hard to call the response to Apple's iPhone X tepid considering the phone has made three times more money than every major Android vendor combined. But despite this, Cupertino-based Apple, which had been penciled in for a hard Q4 2017, managed to emerge victorious as it captured around 86 per cent of the total handset market profits in this quarter.

At No. 6 on the list is Samsung Galaxy Note 8.

Apple has received EEC certification for eleven new iPhone models which could all be variants of a new iPhone SE 2, reports Consomac. One of them is called "heir" to the tenth version of the iPhone:E the same body, display and new e-filling, the Second copy will come with a larger body and screen, the third prototype will be a budget version of the iPhone X, but with a larger monitor. We will add, Apple has more than a few years is the most profitable company in the smartphone manufacturers. Moreover, iPhone sales are also anticipated to be marred by the increasing replacement cycle of smartphones. The report claims that the cumulative profit of Chinese OEMs has crossed $1.3 billion in Q4 2017. "In fact, the average selling price (ASP) of their flagship devices also increased YoY", added Associate Director Tarun Pathak.

According to the latest research from Counterpoint, Apple and Samsung flagship models lead in terms of profits as compared to other Android OEMs. However, Apple has worked out the formula for consistently generating significant amounts of profit from its products, which is seen in the iPhone X.

Naples Global Advisors LLC boosted its stake in shares of Apple (NASDAQ:AAPL) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Related News:

Most liked

IPL 2018: Match 15, Rajasthan Royals vs Kolkata Knight Riders - Statistical Highlights
The victory was scripted by Kolkata's spinners who spun a web around the Royals batsmen to restrict them to 160/8 in 20 overs. Kolkata now has six points from five matches and is joint leader with Sunrisers Hyderabad, which has won all its three games.

SpaceX Planned to Launch Falcon 9
TESS and Kepler use the same system of detecting planetary transits, or shadows cast as they pass in front of their star. A SpaceX rocket is scheduled to blast off with Tess at 6:32 p.m.

Celtics Troll Bucks' Eric Bledsoe With Terry Rozier Post On Instagram
The Bucks and Celtics now head to Milwaukee, where they will face off in a Game 3 on Friday and the Bucks can not afford to lose. It will be interesting to see if Brown can keep up this efficient scoring throughout this series and the rest of the playoffs.

MA top court rules stun gun ban violates Second Amendment
Gun laws in MA are among the strictest in the nation in regulating the sale, possession and use of firearms and ammunition. Hawaii, New Jersey, New York, Rhode Island and the District of Columbia all have bans against the ownership of stun guns.

More Than 95% Of The World's Population Is Breathing Polluted Air
Only Clean Air Act enforcement will "enable the nation to continue to protect all Americans from the dangers of air pollution". Air pollution is a complex mixture of gases and particles whose sources and composition vary spatially and temporally.

Heartland leaders join in tributes to Barbara Bush
She often spoke wistfully of a time when "drugs, sex, and violence were not constantly thrust at us by television". The friend introduced him to Barbara Pierce, a publisher's daughter from Rye who was going to school in SC .

Sean Hannity has few rules, and now Fox News has a problem
He also arranged a $1.6 million payoff to silence a former Playboy model who was impregnated by Trump fundraiser Elliot Broidy. Hannity has said he is not a journalist, to which anyone who knows anything about journalism readily would agree.

Oil prices rise on fall in US crude inventories, global supply risks
To contact the reporter on this story: Jessica Summers in NY at jsummers24@bloomberg.net. Total volume traded Tuesday was about 12 percent above the 100-day average.

76ers Joel Embiid Clears Concussion Protocol, Remains out for Game 2
No exact timetable was given for his return, but Embiid will wear a protective mask when he returns to the court. Embiid suffered a broken orbital bone and concussion in a collision with teammate Markelle Fultz on March 28.

Modi must explain cash shortage to nation: Congress
Briefing the media, S C Garg, Secretary, Department of Economic Affairs said, "We print about 500 crores of Rs 500 notes per day". He told Mirror, "This cash shortage has been planned out by a web of Congress, Communists and bank unions working in tandem".

End of an era as Castro hands over power
The proposal is subject to a vote later in the day by the national assembly and the result will be formally announced on Thursday. Any chance any of Raul or Fidel's children will gain power? He is unlikely to challenge one-party rule.

Barbara Bush's end-of-life decision stirs debate over 'comfort care'
As first lady, from 1989 to 1993, she embraced the cause of universal literacy , and founded a foundation for family literacy . Martin's, which will be open to members of the public wishing to pay their respects, the Houston church said on its website.

Will Tilted Towers Survive? Epic Games Announce Fortnite
While the mobile version of the game is available for iOS only, developer Epic Games says that an Android version is coming. It also stops people being dropped into random lobbies, and gives them more power over who they play against.

Canelo Alvarez Receives Six Month Suspension
The commission unanimously voted to hand Alvarez a six-month suspension during a hearing on April 18. The suspension is back-dated to February 17, the date of Alvarez's first positive test.

Puerto Rico hit by island-wide blackout seven months after Hurricane Maria
It is the first time since the Category 4 storm hit on 20 September that Puerto Rico has experienced a full island-wide blackout. Say this for Francisco Lindor: He clearly has a flair for the dramatic.