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Apple grabs 86% of smartphone profits globally, iPhone X alone seizes 35%

April 17, 2018

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According to a study by Counterpoint Research seen by AppleInsider, Apple gained one percent of the profit year over year in a static smartphone market. Not only that, but the iPhone X itself generated five times the profit than the combined profits of over 600 Android manufacturers during the fourth quarter of 2017.

“The share of iPhone X is likely to grow as it advances further into its life-cycle,” said Counterpoint Research Analyst Karn Chauhan. “Additionally, the longer shelf life of all iPhones ensured that Apple still has eight out of top 10 smartphones, including its three-year-old models, generating the most profits compared to current competing smartphones from other OEMs.”

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