Short Bytes: It is estimated that Apple has bagged 94% of the total profits in the Q3 2015, with only 13.4 % share of the total smartphones shipped all around the world. However, brands like Xiaomi, Huawei, who have flooded the market with their low-cost devices haven’t been taken into consideration, as they’ve low-profit percentage on their devices.
The Cupertino company’s market share accounted only 13.5% of the world’s total in the Q3 3015, yet they managed to bag 94% of the total profits in Q3 2015.
These figures have been provided by Canaccord Genuity, a Vancouver-based financial research company. But they do believe that their figures might not be accurate, the tsunami of low-cost smartphones taken into consideration. And Samsung has not been able to compete with apple and keep up with its legacy, with only 11% of the total profits for the Q3.
Canaccord Genuity did acknowledge the fact that their survey results might not be accurate:
At this point of time, the war is between Apple’s iPhone and Google’s Android army.
“There is that danger that you get trapped in the middle”, said Neil Mawston, executive director at Strategy Analytics. And brands like Microsoft and Xioami do rely on post-purchase revenues, generated through app purchases, providing services and accessories.
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