8 Of The Top 10 Most Profitable Smartphones On The Planet Are Made By Apple

Zeeshan Mir Baz has collected the information from this website:https://www.forbes.com/sites/johnkoetsier/2018/04/18/8-of-the-top-10-most-profitable-smartphones-on-the-planet-are-made-by-apple/#a225557db184 in this article John Koetsier Contributor said that:

In a new report released by Counterpoint Research, global smartphone profits declined by 1% last quarter, thanks to a maturing mobile market. But an astonishing eight of the top ten phones by profit share were made by Apple.

One of the most expensive phones on the planet, the iPhone X, leads the way with 35% of global smartphone profits, followed by Apple's other new models: iPhone 8 and iPhone 8 Plus. Two year-old models, the iPhone 7 and 7 Plus, are fourth and fifth.
That's impressive but it makes sense, because Apple captures 51% of global smartphone revenues. That's three times as much as Samsung, and seven times Huawei, and accounts for $61 billion in revenue just last quarter.

Only in sixth spot is Apple's dominance challenged by rival Samsung, with the Galaxy Note 8.
In fairness to Samsung, the Korean company spreads its considerable global shipments -- over 300 million units in 2017, according to Gartner -- over many more devices. In 2014, for instance, the company decided to trim its lineup from a staggering 56 different devices to around a still-high 40. Currently, Samsung offers fewer yet, with 11 main models plus some variants.
All told, Apple captured 86% of total smartphone profits, according to Counterpoint.

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And iPhone X, despite being controversial for its historically high price point, stands in a class by itself for profitability:
"iPhone X generated 5X more profit than the combined profit of 600+ Android OEMs during Q4 2017," says Karn Chauhan, a research analyst for Counterpoint.
Also interesting: despite recently giving up on the lucrative U.S. market, Chinese manufacturer Huawei grew its profits by 59% year-over-year.
Mobile is not the only market Apple dominates: the company also owns 59% of global wearable tech revenue, thanks largely to the Apple Watch series three.

John Koetsier is a journalist, analyst, author, and speaker. Follow him on Twitter or connect on LinkedIn.

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