Global refurbished smartphone market saw 13% growth 2017, 140 million units shipped: Counterpoint

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

According to Counterpoint, Global refurbished smartphone market was up 13% in 2017 with over 140 million units shipped. 2017 has been a complete contrast with the global smartphone market that grew a mere 3% last year and is outperformed by the refurbished smartphones. Refurbished phones are usually pre-owned smartphones that are rejuvenated or repaired to be sold again in the market. According to Counterpoint, a total of 25% of pre-owned phones are sold in the market. These sales depend on available quantity, demand for a specific model or variant including color, storage, and brand. Of all the refurbished brands, Apple and Samsung dominated the market  much like the new smartphone market. The two brands combined hold responsible for close to three-fourths of the refurbished smartphone market. However, Apple leads by a significant margin and in terms of revenue, the two smartphone giants generate more than 80% of the revenue in the refurbished smartphone market. Commenting on this trend, Research Director, Tom Kang, said: With 13% growth, refurbished smartphones are now close to 10% of the total global smartphone market. The low growth of the new smartphone market in 2017 can be partially attributed to the growth of the refurb market. The slowdown in innovation has made two-year-old flagship smartphones comparable in design and features …
Fone Arena
Cash For Apps: Make money with android app

Android-powered Essential Phone estimated to have shipped just 88K units in 2017

Article Image

Despite being one of the first handsets on the market with an edge-to-edge display, the Essential Phone, pioneered by former Android chief Andy Rubin, failed to compete with the likes of Apple’s iPhone X in any meaningful way, with one new estimate suggesting just 88,000 units were shipped last year.
AppleInsider – Frontpage News

IDC: Google shipped 3.9 million Pixels in 2017, Essential Phone sales under 90,000

During its earnings call earlier this month, Google revealed that its device shipments doubled in 2017 compared to 2016, but as usual the company didn’t give us any hard numbers. Thankfully, that hasn’t stopped IDC, one of the big analyst houses, from releasing its estimates. According to Francisco Jeronimo, IDC’s Research Director, Google shipped 3.9 million Pixels last year. The analyst also confirms Google’s own report saying that shipments have indeed doubled. That said, Google is still very far from being anywhere near a market leader in this regard. Given that its distribution…

GSMArena.com – Latest articles

Essential reportedly only shipped 88,000 phones in 2017

 Essential knew it had a hard road ahead of it. Andy Rubin and company acknowledged as much when they launched a handset aimed at taking on the likes of Apple and Samsung. Given that the company hasn’t issued anything in the way of official numbers thus far, a new batch of numbers from IDC are the best we have to go on at the moment — and things don’t look great. Read More
Mobile – TechCrunch

Tim Cook: iPhone X ‘top-selling iPhone every week since it shipped in November’

Article Image

In Apple’s quarterly earnings statement, Apple CEO Tim Cook declared that since it shipped to customers, the iPhone X was the biggest seller every week, outpacing the iPhone 8 and iPhone 8 Plus through November and December.
AppleInsider – Frontpage News

Apple CEO Tim Cook: iPhone X Has Been the Top Selling iPhone Every Week Since it Shipped

During today’s earnings call covering the first fiscal quarter of 2018, Apple CEO Tim Cook said that the iPhone X has “surpassed our expectations” and has been the “top selling iPhone” every week since it shipped in November.

Apple says the iPhone X, iPhone 8, and iPhone 8 Plus lineup brought in the highest revenue of any iPhone lineup in the company’s history.


Apple does not break down iPhone sales by model, but the company sold 77.3 million iPhones in total, which was below analyst expectations. iPhone average selling price was up thanks to the iPhone X, coming in at $796 compared to $695 in the year-ago quarter.

Cook also said that customer satisfaction is “off the charts” for the iPhone X, and that Face ID was “incredibly well received.”

Cook was asked about the future of the iPhone X and whether Apple sees its lineup expanding to encompass two iPhone X-style devices in the future, and he of course declined to respond.

He did, however, say that Apple is “thrilled” with the reception to the iPhone X, and that with its launch, the company was setting up the next decade of development. “That’s how we look at it, and that’s the reason it’s chock full of incredible innovations. So you can bet that we’re pulling that string,” Cook said.

Going forward, Apple CFO Luca Maestri said in answer to a question about slower growth in the coming quarter that Apple believes iPhone revenue will actually grow double digits compared to last year’s March quarter. iPhone sell-through growth, he says, will be accelerating compared to the December quarter.

Apple’s guidance for the second quarter of fiscal 2018 includes expected revenue of $60-$62 billion and gross margin between 38 and 38.5 percent.

Related Roundup: iPhone X
Buyer’s Guide: iPhone X (Buy Now)

Discuss this article in our forums


MacRumors: Mac News and Rumors – All Stories

Apple Shipped 29M iPhone X Units in 2017, Older Devices Remain Popular

As Apple continues to the battle with the throttling fiasco, the first sales estimates for the iPhone X have made their way onto the internet.

According to technology analyst firm Canalys, Apple sold 29 million iPhone X handsets in the fourth quarter of 2017 – and 7 million of them were bought by Chinese consumers.

The company described the sales as “impressive”, especially considering the price of the phone. It believes that the success of the handset comes down to two factors.

  1. First of all, consumers have been able to finance the X, meaning they didn’t have to pay a four figures for the handset. This has created flexibility for buyers.
  2. And the second factor is that many people have found ways to offset the cost, such as trading in older handsets. They were clearly won over by the X’s features, too.

One major benefit to Apple is that customers are increasingly realizing the residual value of their old smartphones, opting for trade-in programs to offset the high price of the iPhone X,” said Canalys.

The company said that sales of the SE, 6s and 7 were also respectable, suggesting that Apple has implemented a successful strategy for its mobile devices.

TuanAnh Nguyen, an analyst at Canalys, said these phones are still going strong: “The older handsets are still popular with iPhone users looking for value for money.”

Apple is looking at its best performance to date, all thanks to the massive changes it made to its portfolio in Q3. This strategy has hedged Apple’s risk as it upgrades the iPhone, in both design and user experience.

While new technologies, such as Face ID and bezel-less displays, help to justify the US$ 999 price tag and maintain competitiveness with Samsung, Huawei and Google, having a larger portfolio allows Apple to meet its overall shipment targets, and protect its market leadership in the premium segment.”

Ben Stanton, analyst at Canalys, said these sales numbers are impressive for such an expensive smartphone. But they’re lower than initial estimates.

“The iPhone X performance is impressive for a device priced at US$ 999, but it is slightly below industry expectations,” he said in a statement.

“Apple struggled with supply issues in early November, but achieved a massive uplift in production in late November and throughout December. This helped it meet and even exceed demand in some markets by the end of the quarter.”

iDrop News

Apple Shipped an Estimated 29 Million iPhone X Devices in Q4 2017

Apple shipped 29 million iPhone X devices in the fourth quarter of 2017, according to new research data shared today by Canalys. At 29 million devices shipped, the iPhone X was the “world’s best-shipping smartphone model over the holidays.”

iPhone X shipments were not, however, the fastest ever for an iPhone due to Apple’s decision to offer the device alongside the iPhone 8 and the iPhone 8 Plus, and shipments were below industry expectations.


Canalys says that adoption was largely driven by upgrade demand in operator-centric markets like the United States where the installed base is high and customers can finance $999 cost of the device over many months. Apple was able to hit the 29 million number after a significant increase in production throughout November and December, with the company shipping out iPhone X orders earlier than expected and hitting supply/demand balance towards the end of the month.

“The iPhone X performance is impressive for a device priced at US$999, but it is slightly below industry expectations,” said Ben Stanton, Analyst at Canalys. “Apple struggled with supply issues in early November, but achieved a massive uplift in production in late November and throughout December. This helped it meet and even exceed demand in some markets by the end of the quarter. One major benefit to Apple is that customers are increasingly realizing the residual value of their old smartphones, opting for trade-in programs to offset the high price of the iPhone X. But that big price tag, and Apple’s split launch strategy, still had an impact, and shipments were not the fastest ever for an iPhone.”

Of the 29 million iPhone X devices that were shipped in the fourth quarter of 2017, Canalys says seven million of those were shipped to China, a country where Apple has been aiming to increase growth.

Canalys says that along with the iPhone X, iPhone SE, iPhone 6s, iPhone 7, and iPhone 8 models also continued to “ship well” in Q4 2017, with the older smartphones remaining popular due to their lower price tag.

“Apple is looking at its best performance to date, all thanks to the massive changes it made to its portfolio in Q3,” said Canalys Analyst TuanAnh Nguyen. “This strategy has hedged Apple’s risk as it upgrades the iPhone, in both design and user experience. While new technologies, such as Face ID and bezel-less displays, help to justify the US$999 price tag and maintain competitiveness with Samsung, Huawei and Google, having a larger portfolio allows Apple to meet its overall shipment targets, and protect its market leadership in the premium segment.”

Canalys’ data is in line with other estimates that have suggested the iPhone X sold well — though not as well as hoped — during its first few months of availability. Consumer Intelligence Research Partners recently said that 20 percent of all iPhones sold in Q4 2017 were iPhone X devices, while 24 percent were iPhone 8 devices and 17 percent were iPhone 8 Plus devices.

Kantar Worldpanel said that the iPhone X saw “stellar” performance in several countries during its first month of availability, though it was outsold by the iPhone 8 and the iPhone 8 Plus. Combined, Apple’s three new iPhones captured the top spots for best-selling smartphone models during the month.

Though Apple does not breakout iPhone sales on a model-by-model basis, we’ll get a better idea of just how well the iPhone X sold when Apple announces its Q1 2018 earnings on Thursday, February 1.

Apple’s guidance for the first fiscal quarter (fourth calendar quarter) of 2018 includes expected revenue of $84 to $87 billion and gross margin between 38 and 38.5 percent. It will be a record setting quarter even at the low end of the guidance range, as Apple reached just $78.4 billion in revenue in Q1 2017.

Related Roundup: iPhone X
Tag: Canalys
Buyer’s Guide: iPhone X (Buy Now)

Discuss this article in our forums


MacRumors: Mac News and Rumors – All Stories

How to score an iMac Pro for $500 off: $4,494 shipped (Tax NY/NJ only)

Although it’s likely that no deal will ever surpass Micro Center’s ridiculous $ 1000 off it recently ran for the iMac Pro, this one comes closest. B&H is offering $ 500 off any available iMac Pro SKU. That means that you can potentially score a base model 8-core iMac Pro, for $ 4494.00 out the door. more…

9to5Mac

Canalys: Apple’s iPhone X shipped 29 million in Q4, ‘slightly below industry expectations’


As the debate over sales of Apple’s iPhone X continues to brew, a research firm released data today that’s sure to provoke another round of thumbsucking.

According to Canalys, Apple shipped 29 million iPhone Xs in Q4 2017 (a quarter that Apple would refer to as Q1 2018), a figure that made it the “world’s best-shipping smartphone model over the holiday season.” Given a price tag that starts at $ 999, and given that it was only available in limited supplies for just over half the quarter, that would seem like a huge success.

But…

“The iPhone X performance is impressive for a device priced at US$ 999, but it is slightly below industry expectations,” said Ben Stanton, Analyst at Canalys, in a statement. “Apple struggled with supply issues in early November, but achieved a massive uplift in production in late November and throughout December. This helped it meet and even exceed demand in some markets by the end of the quarter. One major benefit to Apple is that customers are increasingly realizing the residual value of their old smartphones, opting for trade-in programs to offset the high price of the iPhone X. But that big price tag, and Apple’s split launch strategy, still had an impact, and shipments were not the fastest ever for an iPhone.”

That analysis comes on the heals of recent analysts reports that the iPhone X was losing momentum, and even some talk that Apple might discontinue it given softening sales and lack of interest in China. Canalys claimed that Apple shipped 7 million units in China during the quarter.

To degree that this may be bad news, there are plenty of silver linings, according Canalys. After working through supply issues, Canalys indicates that the iPhone X was eventually overperforming. So recent talk that Apple’s expectations for the current quarter might be soft, which has led some analysts to downgrade the stock, could be premature.

Second, Canalys said overall iPhone sales got a boost from Apple’s decision to continue selling a wider portfolio of phones than usual. The new iPhone 8s, plus the older versions, are attracting a lot of interest from buyers.

“Apple is looking at its best performance to date, all thanks to the massive changes it made to its portfolio in Q3,” said Canalys Analyst TuanAnh Nguyen. “This strategy has hedged Apple’s risk as it upgrades the iPhone, in both design and user experience. While new technologies, such as Face ID and bezel-less displays, help to justify the US$ 999 price tag and maintain competitiveness with Samsung, Huawei and Google, having a larger portfolio allows Apple to meet its overall shipment targets, and protect its market leadership in the premium segment.”

Apple is scheduled to report earnings for the three months ending December 31 on February 1.

Apple – VentureBeat