Apple 10 times more profitable than Samsung in Q4 2017

- Adrian Ungureanu
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The forth quarter of last year ended with Apple taking the top spot on the global smartphone market, while Samsung was second, but only by small margin. But the real difference between the two giants is given by profitability.

An interesting analysis by Phone Arena points out that the US giant is 10 times more profitable than its South Korean rival. While Apple has made a profit of $20 billion, Samsung can only boast a profit of $2.24 billion in the last quarter of 2017.

As for the rest of the competitors, they are far away, and the worst situation is for those at LG, which are in the red zone. Huawei posted a profit of $615 million, Oppo $448 million, Vivo $318.5 million, while LG ended the last quarter of 2017 with a loss of $192 million.

According to data from the research company Counterpoint, Apple was the market leader in volume with 77.3 million phones sold. Samsung sold 74.4 million phonesm while Huawei just 41 million units in Q4 2017. All three companies sold less than in Q4 2016.

The only companies that have sold more are Oppo, Xiaomi and Vivo. By far, Xiaomi recorded the highest sales growth. The Chinese company sold 31 million phones, 83% more than it did in Q4 2016.

In the top 10 biggest phone manufacturers in the world in the last quarter of 2017, we can see a consistent presence of the Chinese brands, which sold about 154.7 million phones in total. Apple and Samsung have sold about 151.7 million phones together, so their supremacy is still undisputed.