Apple Made Three Times More Money than Samsung with Smartphones Last Quarter

Sales of the iPhone X are said to be well below expectations, but despite this negative analysis, Apple performed strongly during the fourth quarter of 2017, beating estimates and posting a substantial growth YoY.

Strategy Analytics claims Apple dominated the smartphone world in Q4 2017, as smartphone revenue for the quarter totaled $61.4 billion, up from $54.2 billion from the same period a year ago. Samsung, on the other hand, which is Apple’s top rival and currently the world’s number one smartphone market, made only $18.9 billion from smartphone sales, up from $16.2 billion in 2016.

Huawei, which is the self-proclaimed Apple killer, was far behind with just $8.1 billion, a small growth from $7.2 billion in the same period the year before.

iPhone X, most expensive iPhone ever

When it comes to the revenue share for the quarter, Apple is once again the clear leader, as it managed to improve its score from 48.5% in 2016 to no less than 51.0% in t… (read more)

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