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How Apple lost China to two unknown local smartphone makers
How Apple lost China to two unknown local smartphone makersA man holds Apple smartphone outside an Apple store in Beijing, China, September 16, 2016.— Reuters picNEW YORK, Nov 23 — Two years ago, Oppo and Vivo couldn't crack the top five in China's smartphone market.Now they outrank everyone after elbowing Apple aside, thanks to people like Cheng Xiaoning.
Apple grabs record 91% share of global smartphone profits in Q3, analyst says
According to the latest estimates from market research firm Strategy Analytics, Apple iPhone sales gobbled up 91 percent of worldwide smartphone profits during the third quarter of 2016, setting a new record.Source: Strategy AnalyticsIn a research note obtained by AppleInsider on Tuesday, Strategy Analytics pegged Apple as the world's most profitable smartphone maker, with an operating profit of $8.5 billion for the quarter ending September.By contrast, the entire industry realized operating profits of $9.4 billion during the same period.
Apple leads in smartphone profits with 91% share, Samsung not in top five
Maker of iPhones, Apple, has dominated the profit charts from smartphone sales with 91% share of profits from all smartphones sold in the third quarter of 2016.According to a new report from Strategy Analytics, global smartphone profits reached $9 billion in total during the third quarter of 2016 (ended September).While Apple leads the chart with an operating profit of $8.5 billion, Huawei comes in second with just $0.2 billion followed by Vivo and Oppo with the same operating profit numbers.
Apple captures record 91 percent of global smartphone profits
Apple has captured a record share of profits in the global smartphone industry in the third quarter, according to new research, despite grappling will falling iPhone sales.Third-quarter smartphone operating profit reached $9 billion globally of which Apple took 91 percent of the share, Strategy Analytics said in a note on Tuesday.This amounts to $8.19 billion for the U.S. technology giant.
Latest Strategy Analytics data shows Apple captured record 91% of smartphone industry profits during Q3
Strategy Analytics is today out with a new report dissecting the profits of the mobile industry during the third quarter of 2016.The report estimates that the mobile industry took in operating profits $9.4 billion during the quarter, with Apple capturing a "record" 91 percent share of those profits…In doing the math, Apple recorded $8.5 billion in profit from mobile industry sales during the third quarter of 2016, which consists of July through September.Strategy Analytics director Linda Sui attributes Apple's continually strong profit maximization to its finesse the relationship between pricing and production cost.
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