Apple is the company with the highest revenue in the smartphone market

Apple, which has been keeping its smartphones on a certain cost for years and definitely does not go down to the entry level, gets a lot in return for this. Apple is the company with the highest revenue in the smartphone market.

Apple is the leader in revenue

According to the third quarter reports of the year, the revenue from iPhone sales corresponds to 42 percent of the market. There is an increase compared to the same period of the previous year. In other words, we can say that Apple has sold more expensive iPhones.

Samsung did not break its line with 18.5 percent. In particular, foldable smartphone sales offset the company’s falling standard phone sales. While Xiaomi saw a slight increase of 8.3 percent, Oppo and Vivo seem to have lost.

Considering that Apple sold $40 billion in iPhone sales in the third quarter, it is understood that the market generally earned around $96 billion in revenue. It is stated that the average phone price has increased by around 10 percent in this period, but shipments have also decreased.