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.

 

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