TechBookyBusiness
No Result
View All Result
Tuesday, July 5, 2022
  • Login
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us
Subscribe
TechBooky Business
No Result
View All Result
Home Enterprise

Apple Sales Are On The Decline, Yet It Now Has 103 Percent Of Smartphones Profit In Q3 Of 2016

Femi Balo by Femi Balo
November 20, 2016
in Enterprise, Money
Share on FacebookShare on Twitter

Apple iPhone sales are taking a dive compared to rivals like Samsung but as one would expect, its profit should also fall in light of this. But the phone maker continues to make profits that many don’t seem to understand how.

In 2015, Apple recorded 92% of the total income from the World’s eight top smartphone makers and this was a 27% jump from 2014. That figure in 2016 now stands at 103 percent at least in the third quarter.

According to an Apple Insider report, “BMO Capital Markets analyst Tim Long estimates Apple’s share of handset industry operating profits hit an all-time high of 103.6 percent for the most recent quarter, reports Investor’s Business Daily. Apple’s super-100 percent performance resulted from losses posted by other major vendors over the same period. Apple rival Samsung placed a distant second on Long’s list with a 0.9 percent share of profits, while HTC and LG ended up in the red. By comparison, Long says Apple took a 90 percent share of profits in the year ago quarter, though other estimates put that number as high as 94 percent on only 14.5 percent of total volume”

iOS accounted for 12.1 percent of global smartphone shipment in the month ending September 2016 but that figure was 13.6 percent in the same quarter in 2015. Meanwhile Android gained ground from 84 percent last year to 88 percent this year. With an 88 percent share of the market, Apple still leads the profits chart primarily because it doesn’t share the mobile operating system with any other phone maker obviously. Over the years, Apple has managed to sell its devices at high prices despite making those devices at much lower costs.

Here’s a breakdown from last year (don’t mind today’s exchange rates);

Item Cost to Apple per iPhone 6s Plus
Screen $52.50/10,450Naira/5,400 Kenyan Shilling
Main camera (12 mega pixels) $22.50/4,400Naira/2,300 Kenyan Shilling
16GB of storage $5.50/1,000Naira/560 Kenyan Shilling

There is now a renewed focus on services by Apple which has seen a significant growth in its revenue from services like the App Store, Music and iTunes.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Related Posts:

  • Apple’s iPhone 12 Dethrones Samsung Galaxy Phones To Top Overall Sales
    Apple’s iPhone 12 Dethrones Samsung Galaxy Phones To Top…
  • How Apple, Samsung, Xiaomi, And Other Smartphones, Performed In The 2020
    How Apple, Samsung, Xiaomi, And Other Smartphones, Performed…
  • Apple Inc. Beats Analysts Estimates With Sales Of 5G iPhones, Services, Others
    Apple Inc. Beats Analysts Estimates With Sales Of 5G…
  • Apple Reduces Production Of The iPhone 12 Mini Because Of Poor Sales, Report Says
    Apple Reduces Production Of The iPhone 12 Mini Because Of…
  • Apple Could Launch Its Foldable iPhones In 2023
    Apple Could Launch Its Foldable iPhones In 2023
  • Apple Reports Impressive Quarterly Results, Tim Cook Says The Covid-related China Lockdowns Didn’t Affect The Company In The Quarter
    Apple Reports Impressive Quarterly Results, Tim Cook Says…
  • Apple Had Yet Another Blowout Quarter, Approves $90b Share Buybacks
    Apple Had Yet Another Blowout Quarter, Approves $90b Share…
  • Apple May Hit A $3  Trillion Market Cap This Year On Strong iPhone 12 Demand
    Apple May Hit A $3 Trillion Market Cap This Year On Strong…
Tags: androidapplebusinessiosmarketsprofitprofitssmartphone
Previous Post

Americans And Africans Are Buying BitCoin Than Ever And Here’s Why

Next Post

Snapchat Could Be Worth As Much As $25b After Its IPO Next Year

Next Post
Snapchat Could Be Worth As Much As $25b After Its IPO Next Year

Snapchat Could Be Worth As Much As $25b After Its IPO Next Year

No Result
View All Result

Get top tech business news in your inbox

subscription from
Loading

Crypto Price List

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • TadpoleTadpole(TAD)
    $7.32-1.74%
  • SEENSEEN(SEEN)
    $2.05-2.27%
  • EvedoEvedo(EVED)
    $0.082301-0.80%
  • MarginswapMarginswap(MFI)
    $0.184213-2.11%
  • SakeTokenSakeToken(SAKE)
    $0.0127135.28%
  • WTF TokenWTF Token(WTF)
    $0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)
    $0.005461-5.83%
  • RobotinaRobotina(ROX)
    $0.00266138.50%
  • CageCage(C4G3)
    $0.005010-3.67%
  • YAM v2YAM v2(YAMV2)
    $4.70-1.41%

Recent Posts

  • South African Crypto-focused Company H20 Water Securities Secures $150 Million Funding Via The Sale Of Its H20N Token
  • Financial Inclusion In Nigeria Grew To 45 Percent In 2021 – World Bank
  • Meta Is Shutting Its Novi Digital Wallet By September 1st
  • Crypto Is The Answer To Financial Inclusion, Central African Republic’s President Says Amid Huge Aversion For Its Adoption Of Bitcoin
  • Popular Bitcoin Family Reveals They’ve Had Bitcoin Losses Of Up To $1 Million This Year

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Get top tech business news in your inbox

subscription from
Loading

Popular Tags

Acquisition africa amazon apple bitcoin cbn china coinbase company crypto cryptocurrency e-commerce earnings earnings season elon musk facebook fintech Funding gadget google government india internet Investment ipo kenya microsoft money netflix nigeria payment payments Q1 revenue russia service shares social media Startup Stock tech tesla twitter Ukraine whatsapp

Calendar

July 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun    

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Recent News

  • South African Crypto-focused Company H20 Water Securities Secures $150 Million Funding Via The Sale Of Its H20N Token
  • Financial Inclusion In Nigeria Grew To 45 Percent In 2021 – World Bank
  • Meta Is Shutting Its Novi Digital Wallet By September 1st
  • Crypto Is The Answer To Financial Inclusion, Central African Republic’s President Says Amid Huge Aversion For Its Adoption Of Bitcoin
  • Popular Bitcoin Family Reveals They’ve Had Bitcoin Losses Of Up To $1 Million This Year
  • June Was Bitcoin’s Worst Month On Record After The Flagship Crypto Lost 40 Percent Of Its Value

© 2021 Techbooky Business - Design by Techbookyelite.

No Result
View All Result
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us

© 2021 Techbooky Business - Design by Techbookyelite.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$19,418.96-1.61%
  • ethereumEthereum(ETH)$1,098.26-0.82%
  • tetherTether(USDT)$1.000.06%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • binancecoinBNB(BNB)$224.52-0.04%
  • Binance USDBinance USD(BUSD)$1.000.20%
  • rippleXRP(XRP)$0.316745-1.86%
  • cardanoCardano(ADA)$0.449584-3.74%
  • SolanaSolana(SOL)$33.58-2.16%
  • dogecoinDogecoin(DOGE)$0.066049-2.89%
  • polkadotPolkadot(DOT)$6.70-4.24%
  • Shiba InuShiba Inu(SHIB)$0.000010-1.57%
  • AvalancheAvalanche(AVAX)$16.86-3.58%
  • matic-networkPolygon(MATIC)$0.4983115.03%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000071-5.36%
Posting....