Things get more interesting when we look at the earnings of phone companies. According to Counterpoint, Apple and Samsung account for 96% of the operating profit of the global mobile market. About 80% of this amount has been deposited into Apple’s account.
According to Android AuthorityThe average selling price of Samsung in the first quarter of this year was $340, which shows a 17% growth compared to the first quarter of 2022. Counterpoint did not disclose the average selling price of an iPhone, but none of Apple’s new iPhones cost less than $800.
The very good performance of Apple and Samsung is recorded while brands like Xiaomi and OnePlus have tried to increase the average selling price of their devices in recent years.