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Apple took 66% of mobile phone industry profits in Q3

By Phate Zhang
Dec 19, 2019 at 9:19 PM UTC
0

Apple took 66% of mobile phone industry profits in Q3-CnTechPost

Although analysts like to use "shipments" as a measure of smartphone leadership, the real sign of leadership comes down to who is making more money.

Apple has been a big player in smartphone profits for many years. In the latest third quarter report, Apple made 66% of the profits of the smartphone industry.

Among high-end and high-margin smartphone users, Apple has a very solid user loyalty. This is why although Apple has fallen from the altar on the sales list, its profits make other mobile phone manufacturers envy.

Apple took 66% of mobile phone industry profits in Q3-CnTechPost

At the same time, with its service strategy, continuing to implement the paid subscription business in the high-end user base can guarantee that Apple will still be able to live well in the next few years, even if it "is no longer innovative.



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