The iPhone X alone made three times more money than every Android manufacturer put together
So much hype surrounded Apple in the run-up to the iPhone X launch that we've had a tough time working out whether the phone was a flop or not. At this point, it seems clear that Apple didn't sell nearly as many iPhone X models as it hoped, and the company had to cut production orders after the first three months of sales came in under expectations.
But at the same time, there's a big difference between "didn't meet expectations" and "total flop." According to a new report from analysis firm Counterpoint, the iPhone X alone accounted for 35% of total smartphone industry profits in Q4 2017, with Apple capturing a total of 86% of the industry profit. With just 14% of the profit left over for the Android manufacturers (no, Windows Phone and Blackberry certainly aren't making any money), that means that the iPhone X alone made a little more than three times as much money as the total profits from Samsung, LG, HTC, Sony, OnePlus, Huawei, and Xiaomi combined.
BGR Top Deals:
- This $99 robot vacuum on Amazon will clean your house without cleaning out your wallet
- Surprise! Amazon’s two best devices ever were both just discounted at the same time
Trending Right Now:
- Google’s new DIY AI kits could help shape the future
- A list of all the useful 3D Touch iPhone features you forgot about
- It looks like MoviePass just ruined its unlimited subscription service
The iPhone X alone made three times more money than every Android manufacturer put together originally appeared on BGR.com on Tue, 17 Apr 2018 at 14:42:57 EDT. Please see our terms for use of feeds.