Apple monopolizes 85% of the global smartphone market’s profit, while Samsung, Huawei, and others only have 15%

Apple controls 85% of the smartphone market's profit, while Samsung, Huawei, and others only have 15%

【Phoneauto News】Recently, Phoneauto noticed that a research institution has released partial data on global smartphone sales for the second quarter of 2023. The information shows that the top ten selling models in the global smartphone market for the second quarter of 2023 are all from Apple and Samsung, with no domestic manufacturers such as Huawei, Honor, Xiaomi, OPPO, vivo, Transsion, etc. making the list.

Apple phones

The information shows that the top ten selling models in the global smartphone market for the second quarter of 2023 are, in order, the Apple iPhone 14, Apple iPhone 15 Pro Max, Apple iPhone 14 Pro, Apple iPhone 13, Samsung Galaxy A14, Samsung Galaxy A54, Samsung Galaxy A14 5G, Samsung Galaxy S23 Ultra, Samsung Galaxy A04e, and Samsung Galaxy A34.

Top Ten Global Smartphone Sales Announced, Apple Occupies Top Four Spots

Overall, Apple has four models on the list, while Samsung has six. Among them, only the Samsung Galaxy S23 Ultra is included from Samsung, while the other listed models are all from the A series, belonging to mid-range and low-end products.

At the same time, according to the data, in the second quarter of 2023, Apple alone accounted for 45% of the total revenue in the global smartphone market, and Apple phones accounted for 85% of the profits in the global smartphone market, while the remaining profits of other manufacturers such as Samsung and Huawei were only 15%.

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