Published: Tue, April 17, 2018
IT | By Lester Massey

Apple iPhone X scored 35% of Q4 2017 smartphone profits, says report

Apple iPhone X scored 35% of Q4 2017 smartphone profits, says report

The South Korean tech giant Samsung that famously made the displays for Apple's iPhone X previous year is going to start making displays for a new iPhone X and iPhone X Plus as reported by Taiwan's Economic Daily News.

But at the same time, there's a big difference between "didn't meet expectations" and "total flop". During the fourth quarter, the iPhone X had five times the profits produced by 600 Android smartphone manufacturers.

This isn't a new story.

The king of smartphones when it comes to design and display and the largest phone maker, Samsung is said to be introducing a smartphone design what it must not. Although Android manufacturers dramatically outsell Apple in terms of the number of devices moved, only Apple has worked out a formula to consistently generate significant profits from its devices. And the one handset that was responsible for the majority of industry profits during the period was the Apple iPhone X.

"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", Counterpoint's Karn Chauhan said. In all, Apple had 8 out of the top 10 smartphones for the quarter, even including phones up to three years old.

CNBC reports the Counterpoint Research numbers. Counterpoint Research says that during Q4 2017, Apple was able to secure a whopping 86 percent of all smartphone profits globally. "This was driven by the increased mix of mid to high end smartphones. In fact, the average selling price (ASP) of their flagship devices also increased YoY", added Associate Director Tarun Pathak. It's being speculated that this particular Samsung phone may have an in-display fingerprint scanner, which is something that a lot of consumers have been wanting on a Samsung device for sometime now.

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