iPhone Captures 51% of Global Smartphone Revenue, Setting New Record
Apple’s iPhone sales garnered a record 51% of marketshare worldwide, dominating smartphone sales and outperforming the entire industry based on premium iPhone X sales. The global marketplace reached a high of $120 billion in the fourth quarter of 2017 led by Apple. Strategy Analytics, a global, independent research and consulting firm, pulled data from all sales last year. As Executive Director Neil Mawston said, “Apple iPhone is an ‘incredible money-making machine’ with the average iPhone sale reaching $800, almost three times the industry average.” While Apple’s selling price has increased,...