360° Coverage : iPhone Occupied 87.4% Handset Profits in December 2013 Worldwide

iPhone Occupied 87.4% Handset Profits in December 2013 Worldwide

iPhone outsold all its rivals to achieve 87.4% global handset profit in the last month of 2013

Feb 13 2014, 1:48pm CST | by

iPhone Occupied 87.4% Handset Profits in December 2013 Worldwide
Photo Credit: Getty Images

iPhone once again proves that it is the undisputed leader of the global smartphone market, as a new report states that the device grabbed a huge 87.4% revenue in the specific category in December 2013.

Tavis McCourt, the analyst from Raymond James, reveals the report, stating that the Cupertino company wiped away all other major brands, including Samsung, HTC and LG.

Apple’s closest competitor was Samsung, who lagged far behind from the tech giant, with only 32.2 percent smartphone profit.

McCourt states that while Apple and Samsung will continue to dominate in the developed countries, the cheaper Chinese handsets will maintain their revenue growth in the evolving markets.

According to Apple Insider, McCourt says, “It remains unclear to us where any non-Chinese vendor outside if Apple and Samsung will obtain the profits necessary to re-invent in the business, The mobile device market continues to look like an Apple and Samsung market in the developed world, with Chinese-based vendors continuing to take share in emerging markets.”

Nonetheless, Apple should be happy with the fact that the US buyers are always attracted to the iPhone, rather than the Chinese smartphones.

 

 

 
 
 


Ehsanul Haque Kanan is covering consumer electronics with passion. He is especially an avid follower of all things Apple.

 

blog comments powered by Disqus

Latest stories

Apple TV Rumored to Target Casual Gamers with Motion Sensitive Remote Controls
Apple TV Rumored to Target Casual Gamers with the Motion Sensitive Remote Controls
A report states that the tech giant has been planning to lure the gamers by introducing motion sensitive remote controls for Apple TV.
 
 
12% of Android Users Consider Switch to iPhone 6S
12% of Android Users Consider Switch to iPhone 6S
A new survey shows that 12% of Android users are tempted by the iPhone 6S.
 
 
Apple Reportedly Planning to Introduce iPhone 6C in November 2015
Apple Reportedly Planning to Introduce iPhone 6C in November 2015
A Chinese report states that the successor of the cheaper iPhone 5C will be revealed in the upcoming November.
 
 
iPhone 6S 12MP Camera Confirmed but No Pink
iPhone 6S 12MP Camera Confirmed but No Pink
New reports confirm that the iPhone 6S will adopt a 12MP camera.