Apple earned five times more than Huawei in the first quarter

Not so long ago, the quarterly financial report of the Chinese company Huawei was published, according to which the manufacturer's revenue increased by 39%, and unit sales of smartphones reached 59 million units. It is noteworthy that similar reports from third-party analytical agencies indicate that smartphone sales increased by 50%, while Apple's similar figure decreased by 30%. Despite such a significant increase in sales of Huawei smartphones, Apple products continue to bring significantly more profit. Statistics show that Apple's net income in the first quarter of 2019 was $11,6 billion, which is more than five times the achievement of Huawei in the same time period.

Apple earned five times more than Huawei in the first quarter

Network sources report that the first quarter of 2019 was one of the most unsuccessful for Apple in recent years. In total, 36,4 million iPhones were sold in the considered time period. At the same time, Apple's market share fell to 12%, while Huawei's share of presence rose to 19%. Despite this, Apple's earnings are still significantly higher. According to the results of the first quarter, the company received revenue of $58 billion, and the net profit indicator reached $11,6 billion. As for Huawei, in the reporting period, the company's revenue was at the level of $26,6 billion, while net profit stopped at $2,1. .XNUMX billion  

The reason why Apple was able to make big profits in the quarter is not fully understood. The cost of iPhone smartphones has always been higher than the price of flagship devices from other manufacturers. However, sales of Apple products declined last year when the iPhone XS and iPhone XR devices hit the market. The retail price of smartphones is too high, so some categories of buyers have refused to purchase new Apple products. Despite this, statistics show that even the high cost does not prevent the Apple smartphone from occupying a leading position in the segment.  



Source: 3dnews.ru

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