5 World’s Most Profitable Smartphone Companies: The number of smartphone maker companies in the world is quite high. Some come into the discussion because of their strong smartphones, so some of them remain populist due to their brand value. But do you know who is the world’s most profitable smartphone companies? Do you know which company is the biggest beneficiary of selling every single unit? We are going to answer these same questions in our article. A research company named Counter Point recently released a data in this regard. The company has ranked smartphone companies on the basis of profits on each smartphone. However, most of the profits in the smartphone industry have been accounted for by companies like Samsung and Apple. According to the report, the Chinese brand’s cumulative profit for the first time crossed 1.5 billion.
Top 5 World’s Most Profitable Smartphone Companies
Apple is the one-sided secret in the mobile handset industry. According to the research, 60 percent of the profits of the industry went to Apple’s account. However, compared to the same quarter last year, the company’s profit has come down from 86 percent to 60 percent. The Apple company has benefitted from the poor performance of the Samsung Galaxy Note 7. Apple currently has a profit of more than $ 150 on every phone sale. This advantage can be further boosted by the sale of the iPhone X series. According to the research company, the increasing demand for iPhone X 256 GB can increase the profitability of the company.
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In the third quarter of the year, Samsung has made a bang with the Galaxy Note 8 series. Profit share of the company touched 26 percent in this quarter. In the third quarter of 2016, the company is recovering from the poor performance of the Samsung Galaxy Note 7. Note that the growing demand for the 8 Series is expected to increase the profits percentage.
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With the change in the price band, in the third quarter of the year 2017, 67 percent of YOVY (year over year) has been profitable. According to the research, the company has a profit of $ 15 per unit.
Oppo is the world’s fourth-largest company in terms of average profit on the handset sales. The company has gained a profit of $ 14 per unit sale.
The advantage of the handset with strong performance has been as a profit in Vivo. The company is the world’s fifth company in terms of profits. Vivo has gained profit about $ 13 per unit sales.
So these were the Top 5 World’s Most Profitable Smartphone Companies who made good profits during the year 2017.
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