Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event. 


Of all the operating profit generated from smartphone sales in the third quarter of this year, Apple received 91 percent of it, according to a report out today from research firm Strategy Analytics.

Apple’s operating profit for the quarter came out to $8.5 billion out of a total of $9.4 billion, with Huawei, Vivo, and Oppo trailing behind the Cupertino company, Strategy Analytics said in a statement on the report. No other company brought in more than 2.5 percent of operating profit. In other words, if the data were charted out, it would look like a very long tail.

The 91 percent factoid is certainly a positive indicator after three consecutive quarters of iPhone sales decreases, which have resulted in sales decreases for Apple as a whole.

Apple unveiled the iPhone 7 and iPhone 7 Plus during the third quarter. Those phones start at $649, yet they cost $224.80 to build, according to IHS Markit. Apple has not yet provided sales figures for its new iPhones.

Beyond smartphones, Apple has faced criticism for its refreshed MacBook Pro partly because it’s so expensive — the least expensive model costs $1,499, and Touch Bar models begin at $1,799.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member