Strategy Analytics published its quarterly report on the smartphone revenue between October and December 2017. According to the data, Apple snatched $ 61.4 billion or 51% of the total $ 120.2 billion. Second came Samsung with $ 18.9 billion with a share of 15.7%, while third was Huawei with $ 8.4 billion revenue or 7% of the pie. Morgan Stanley also published a research note for the same period, stating the iPhone market in China grew 12% on a quarterly basis. The Cupertino company managed to rake in three times more revenue than the next best manufacturer due to iPhone’s average…
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New research data compiled by Strategy Analytics reveals that Apple’s iPhone lineup accounted for a whopping 51% of global smartphone revenues during the 2017 holiday quarter. Specifically, the iPhone generated approximately $ 61.4 billion in revenue during the December quarter, with the global smartphone market raking in $ 120 billion during the same time period.
Year over year, the iPhone’s share of global smartphone revenue increased slightly, jumping from 48% to 51%. With Apple occupying the top spot, second and third place went to Samsung and Huawei which posted quarterly revenues of $ 18.9 billion and $ 8.4 billion, respectively.
“Apple iPhone generated a huge US$ 61 billion in the quarter, helped by solid demand for its premium X model,” the company noted in a press release, “and Apple now accounts for more revenue than the rest of the entire global smartphone industry combined.
“Apple generated three times more smartphone revenue than nearest rival Samsung and 7 times more than Huawei,” the press release adds. “Apple iPhone’s average selling price is approaching US$ 800 and almost three times higher than the overall industry average. Apple iPhone is an incredible money-making machine.”
All told, Apple’s ability to dramatically increase iPhone revenue during the holiday quarter is all the more impressive given how late into the quarter the iPhone X was released.
Looking ahead, Apple’s revenue dominance is poised to increase in the months ahead. Though the iPhone X did not usher in an upgrade super cycle as some anticipated, there’s a strong chance that Apple’s rumored 6.1-inch iPhone X variant with an LCD display — and a much more affordable price point — will spur an avalanche of upgrades later this year. With carriers no longer offering friendly subsidies as in years past, the reality is that the iPhone X’s $ 1,000 sticker price likely dissuaded otherwise interested iPhone owners from actually upgrading.
Apple – BGR
Apple captured a record 51 percent share of revenue in the worldwide smartphone industry last quarter, which encompassed the launch of the iPhone X, according to research firm Strategy Analytics.
iPhone revenue totaled $61.5 billion in the fourth quarter of 2017, as Apple disclosed in its earnings report earlier this month. Strategy Analytics estimates Apple’s smartphone revenue was three times higher than its nearest rival Samsung and seven times more than Chinese competitor Huawei.
Apple accounted for more smartphone revenue than the rest of the entire industry combined in the quarter, driven by “solid demand” for the iPhone X, said Strategy Analytics executive director Neil Mawston.
iPhone’s average selling price was $796 last quarter, up from $695 in year-ago quarter, which Strategy Analytics estimates to be almost three times higher than the overall industry average. Apple sold 77.3 million iPhones in the quarter, but it didn’t disclose how many of those sales were iPhone X models.
Priced at $999 and up, the iPhone X has undoubtedly helped Apple increase its revenue share in the smartphone industry. What’s more important is profits, however, and the iPhone often accounts for over 100 percent of net income in the smartphone industry when factoring in the losses posted by some rivals.
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Fueled by a trio of new product categories, Apple’s all-encompassing "other products" are poised to become the company’s fastest growing segment, further fueled by the recent launch of HomePod.
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Sigfox, the French-based Internet of Things (IoT) connectivity provider, has announced its 2017 results and 2018 roadmap, promising a network of 60 countries and more than a billion people worldwide.
Revenues went up to €50 million (£44.4m), a rise of more than 56% year over year, according to the company, while the total number of objects connected to the Sigfox network rose by 65% to a total of 2.5 million. Alongside this, the company’s network grew to 45 countries earlier this month, including Malaysia, South Korea, and Switzerland.
Looking at the company’s 2018 roadmap, alongside its network figures Sigfox is promising greater focus on its evangelisation strategy. To that end, the provider is launching Hacking House, a project that will ‘bring together students from around the world to learn about IoT and Sigfox’s pioneering technology’, as the company put it.
“There is tremendous value in IoT, which lies in the data that is generated by millions of connected objects across the globe,” said Ludovic Le Moan, co-founder and CEO of Sigfox in a statement. “It’s up to us to turn this golden opportunity into a multi-billion dollar industry, just like we did with petrol a century ago.
“Our challenge for the next few years will be to lower the cost of collecting that data to close to zero,” Le Moan added.
This makes for an interesting comparison when looking at Sigfox’s proclamations in November 2016. The company had just secured a €150m funding round and promised then what it promises today – coverage in 60 countries by 2018.
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