Classic 28 Laws? Apple's 20% share in the Chinese mobile phone market earns 80% profit
On May 14th, KuaiTech reported that according to a smartphone sales report released by Counterpoint, Apple's iPhone took 80% of the profit in the Chinese market with a 20% share.Previously, a global smartphone report released by market research firm Canalys pointed out that the fourth quarter of 2022 became the worst performing quarter for the global smartphone market in a decade
On May 14th, KuaiTech reported that according to a smartphone sales report released by Counterpoint, Apple's iPhone took 80% of the profit in the Chinese market with a 20% share.
Previously, a global smartphone report released by market research firm Canalys pointed out that the fourth quarter of 2022 became the worst performing quarter for the global smartphone market in a decade.
Despite the continuous decline in the smartphone industry, Apple's iPhone sales still grew by 6% year-on-year, with a market share of 19.9% and revenue accounting for nearly half of the smartphone market.
The iPhone's profits account for over 80%, which is 72 percentage points higher than Samsung, which ranks second.
In the first quarter of this year, the average selling price of the iPhone also reached $988, a year-on-year increase of 12%. CIRP analysts pointed out that Apple has successfully attracted more users to purchase high-end phones by optimizing its product portfolio and providing a rich recycling plan.
"Pareto principle" is called Pareto law. Important factors only account for 20% and unimportant factors only account for 80%, but these 20% important factors have a decisive impact on the overall situation.
A common example in daily life is: 20% of people in society hold 80% of social wealth; 20% strong brands with 80% market share.
Tag: Classic Laws Apple share in the Chinese mobile phone
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