March 28, 2023
Apple iPhone X Captured 35% of Total Handset Industry Profits in Q4 2017 [Chart]

Apple iPhone X Captured 35% of Total Handset Industry Profits in Q4 2017 [Chart]

Posted April 17, 2018 at 3:22pm by iClarified · 15330 views
Apple's flagship iPhone X captured 35% of total handset industry profits in Q4 2017, according to the latest Counterpoint research.

In the October to December quarter, global handset profits are said to have declined 1% year over year. Counterpoint believes that the global smartphone market has already reached its peak with longer replacement cycles.

Counterpoint Research Analyst, Karn Chauhan, highlighted, “Global handset profits declined 1% YoY, but Apple grew 1% YoY even with the iPhone X being available for only two months in Q4 2017. The iPhone X alone generated 21% of total industry revenue and 35% of total industry profits during the quarter and its share is likely to grow as it advances further into its life cycle. Additionally, the longer shelf life of all iPhones ensured that Apple still has eight out of top ten smartphones, including its three-year-old models, generating the most profits compared to current competing smartphones from other OEMs.”

Commenting on the performance of Chinese brands, Associate Director, Tarun Pathak, highlighted, “Chinese OEMs cumulative profits crossed 1.3 USD billion during Q4 2017. This was driven by the increased mix of mid to high end smartphones. Infact, the average selling price (ASP) of their flagship devices also increased YoY. Key Chinese players like Huawei, OPPO and Vivo are now looking to scale up the price band, by leveraging their inhouse manufacturing capabilities and bringing innovation to their devices.”

Market Summary – Q4 2017:
● Apple remained the most profitable brand, capturing 86% of the total handset market profits.
● Further splitting profits by model, the top 10 models captured 90% of the total handset profits.
● Apple and Samsung flagship models, lead in terms of profits as compared to other OEMs.
● iPhone X alone generated 35% of the total handset industry profits. This is a significant landmark, as the model was available in the market for only two months during Q4 2017.
● Apple’s older generation iPhones, iPhone 7 and iPhone 6 still generate more profit than some of the more recent Android flagships from key Chinese OEMs.
● Huawei was the leading brand among all the Chinese brands, with profit increasing 59% YoY.
● With an increased mix of flagship sales for key Chinese brands, we expect profit share of Chinese players to grow in the coming quarters.

Take a look at the chart below for more details...

Apple iPhone X Captured 35% of Total Handset Industry Profits in Q4 2017 [Chart]

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Chip - April 20, 2018 at 6:45am
2 words fake news. The lower iPhones are doing better
nitemare2123 - April 19, 2018 at 1:49am
Surprised 6S is so low. Think it's better than the 6
iClarifier - April 18, 2018 at 5:20am
From what I’ve remembered the iPhones are assembled in China. Guess who’s the idiot! And Android are Korean if I’m not mistaken. So your two times an idiot!
D4xM4Nx - April 17, 2018 at 10:27pm
LOL older iPhones like the 6 are making more profit than crappy Chinese android devices... servers them right. Truly the best iPhone ever made! Period.
mateen - April 17, 2018 at 9:20pm
Not surprising given apple’s position in the market.
4 leaf clover
4 leaf clover - April 17, 2018 at 9:57pm
Just wait till 2020 iphone xxx
L25 - April 17, 2018 at 5:03pm
The price itself says it will
PaulieP - April 17, 2018 at 4:25pm
All kinds of people talking all kinds of noise about the knowledge of the top and about the loss of the home button, however Apple is still doing extremely well with their device. I love my iPhone X. Cheers
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