Apple leads global profits: iPhone revenue breaks record, market share reaches 50%

According to the latest research data from Counterpoint Research, Apple’s profit performance in the global smartphone market is eye-catching. According to research results, Apple accounts for 50% of the entire market through iPhone sales revenue, a figure that far exceeds that of other mobile phone manufacturers. This data once again proves Apple’s strong position in the smartphone field. Apple's success is mainly due to its high-quality products and strong brand influence, which makes consumers willing to pay for its products. As competition in the global smartphone market becomes increasingly fierce, Apple will continue to work hard to maintain its market share and launch more innovative products

According to the report, Apple will set a new record in 2023 Set a new record, achieving $203 billion in iPhone revenue. This number is surprising and also marks the first time that Apple has surpassed Samsung to become the world's largest smartphone manufacturer by shipments. This achievement not only highlights Apple's strength in the field of smartphones, but also reflects consumers' high recognition and trust in Apple products.

Apple has performed well in various markets around the world, and its growth in the US market has been the most prominent. In addition to the United States, emerging markets such as India, the Caribbean, Latin America, and the Middle East and Africa have also made important contributions to Apple's growth. Growing consumer demand for Apple products in these regions has fueled Apple's expansion in the global market.

The report also pointed out that the average selling price of Apple mobile phones increased to US$890 from the previous US$756, further consolidating the brand's leading position in the high-end market. Despite the price increase, consumers' enthusiasm for Apple mobile phones has not diminished, but has become more and more popular. As a result, Apple has gained more than 90% of the profit share in the entire smartphone industry, becoming one of the most profitable manufacturers.

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