According to the latest analysis, in the fourth quarter of 2017, when global mobile phone profit fell 1% year-on-year, iPhone X account for 35% of the entire mobile phone profit, which contributes to Apple’s 1% profits rose. Though the high-ended smartphone market did not grow as expected, Apple still remained the most profitable brand, which took away 86% profits of the entire mobile phone market, shown by Counterpoint analysis of 2017 fourth quarter.
Kam Chauhan, the agency's researcher, said in a statement that Apple’s profit rose 1% year-on-year in the fourth quarter last year as iPhone X was launched for just 2 months. only iPhone X creates 21% of the industry's revenue and 35% of industry’s profits.
As the iPhone X gradually enters its life cycle, its share will increase. In addition, iPhone’s more durable feature ensures that Apple can win eight seats of the world's top ten smartphones, even including the phone launched three years ago, Chauhan added.
The analysis summarizes a very interesting point: The iPhone X’s profit in the fourth quarter last year was five times than the sum profits generated by more than 600 Android OEM suppliers!