Apple and Samsung are rowing money in the mobile market

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.

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