Technology

Apple FUD: Look who's still using IDC's bogus iPhone data

By the end of last week it was clear that IDC’s iPhone unit sales estimate was short, perhaps by 7 million units. Someone didn’t get the memo.

 

From “Samsung and Huawei crush Apple’s smartphone global market share” posted Monday by Adrian Kingsley-Hughes

It’s funny how quickly things can change. A three months ago it seemed like Apple was on track to grab the global smartphone market share crown from Samsung this last quarter, only to be shoved into third place by Chinese maker Huawei.

Here’s a chart that tracks the fight between Apple, Samsung, and Huawei over the past five quarters (courtesy of Bloomberg, based on IDC data)…

Chart omitted because it was way off. See, for example,

To Kingsley-Hughes’ credit, he adds that “revenue and profits tell a different story…”

Look at the dollars and cents, if we take the last quarter revenues and profits, it’s clear that market share isn’t everything.

Samsung – Revenue: $44.7 billion | Profits: $5.3 billion
Huawei – Revenue: $26.8 billion | Profits: $2.1 billion
Apple – Revenue: $58 billion | Profits: $11.6 billion

My take: Too bad about ZDNet’s headline. “Crush” is great verb. Makes me think of grapes.

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.