According to new research, done by Strategy Analytics obtained by The Korea Herald, Apple Inc. (NASDAQ:AAPL)’s iPhone captured 79% of global smartphone profits in 2016. The global smartphone profit according to research, stood at $53.7 billion, with Apple Inc. (AAPL)’s iPhone profit accounting for $44.9 billion.
Samsung leads Apple Inc. (NASDAQ:AAPL) with 20.8 percent global marketshare in 2016 and Apple held 14.5 percent. Samsung reported an $8.3 billion profit, which accounted for 14.6% of global profits in 2016.
Typically Apple dominates the global profit share, in spite of not holding a large amount of marketshare in the segment. Apple accounted for 92% of global smartphone profit in the first quarter of 2015 alone, on 20% of actual smartphone sales. Apple occupied nearly 90% of smartphone profit in the fourth quarter of 2014.
Success of Apple attributed to the popularity of the iPhone 6 and 6 Plus, in late 2014 and early 2015, hitting the Android global profit share down to 11.3%, during the 4rth quarter of 2014, down from 29.5% in 4rth quarter of 2013.
Much of Apple’s success in late 2014 and early 2015 can be attributed to the popularity of the iPhone 6 and 6 Plus, sending Android global profit share down to 11.3 percent during the fourth quarter of 2014, down from 29.5 percent in the fourth quarter of 2013.
In 4rth quarter of 2016, iPhone 7 and 7 Plus popularity actually helped Apple to boost a .5 surge in smartphone shipments, making Samsung to make Apple Inc. (AAPL) the world’s top smartphone maker.