Apple Earned $151 Profit Per iPhone in Q3 2017: Counterpoint | Techno Rhyno

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Global tech giant Apple’s average profit per handset was $151 (roughly Rs. 9,600) in the July-September quarter, five times more than that of its closest rival Samsung, according to research firm Counterpoint.

Samsung, which had one of the highest number of models across price bands in its portfolio, had a profit per unit of $31 (roughly Rs. 1,900) in the same period, Counterpoint said in its ‘Market Monitor program for Q3 2017’ report.Β The report noted that the global mobile handset profits had grown 13 percent year-on-year in the July-September 2017 quarter “due to strong performance of Samsung and Chinese brands”.

“Apple’s per unit profit is five times higher than Samsung and approximately 14 times higher than the average per unit profit of Chinese brands. Apple’s per unit profit stood at $151 (roughly Rs. 9600) in Q3 2017,” the report said.

“Samsung made a strong comeback in the third quarter with its Galaxy Note 8 series while S8 series continues to perform on par. The profit…

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