Apple X alone generated 35% of the total handset industry profits

Apple X alone generated 35% of the total handset industry profits

KGI Securities analyst Ming-Chi Kuo stated in the past few months that Apple may not change the iPhone SE much, going so far as to say that even a model with wireless charging is unlikely. According to the report, the smartphone replacement cycle has also reached its peak and this is making it hard for OEM manufacturers to book large profits.

Apple's performance becomes more commendable as its handset industry profit share kept increasing despite the sales of premium handsets failed to match the expectations.

In the fourth quarter of 2017, Apple took home a whopping 86 percent of the profits of the smartphone industry.

But the latest research suggests that in the final quarter of past year, the iPhone X alone took home 35% of total industry profits ...

This earnings performance was achieved despite the fact that iPhone X was available for purchase only during the last two months of the year and, despite reports pointing to the poor sales of the gadget. However, it's to be expected given that the iPhone X starts at a whopping $999 for the 64GB model and $1,149 for the 256GB model.

Another interesting takeaway from the report is that the last quarter also proved to be fruitful for Android smartphone makers which not only increased their profits, but their revenues too. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

Apple and Samsung flagship models, lead in terms of profits as compared to other OEMs, however, iPhone X alone generated 35 percent of the total handset industry profits. According to experts, Apple may come out with 6.5inch "iPhone X Plus" version along with a cheaper 6.1inch iPhone SE!

But the big stories were Apple, and iPhone X profitability. The fact that it accounted for 35% of profits a year ago is especially impressive considering that it was only available for two months. Current models still pack an aging A9 processor that first made its debut inside the iPhone 6 in 2014. Galaxy S8 Plus is the big-screen variant of the company's previous year flagship Galaxy S8.

Ranges nearly never break the 1-10 number system (leaving Apple only with 9 to play with, and it jumped that technically past year with iPhone X).

Counterpoint Research just released a report showing a detailed analysis of Q4 2017 smartphone industry profitability. Recent reports have suggested Apple is relying on domestic production of low-priced models to spur growth in developing countries such as India, making the continued availability of entry-level, smaller-screened devices important.

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