Huawei now most profitable Android brand
When talking about smartphones, Apple has been the leading brand for a while, and it seems they are not going to lose the crown anytime soon. On the other hand, Samsung has been severely hit by the Note 7 failure and Huawei is the company that took advantage of the situation and climbed on the second place worldwide. Even more, the Chinese brand is now the most profitable one in the Android sector of the market.
According to Strategy Analytics' director, Linda Sui, "Apple dominated and captured a record 91 percent share of all smartphone profits worldwide. Apple’s ability to maximize pricing and minimize production cost is hugely impressive and the iPhone continues to generate monster profits. Huawei, Vivo and OPPO are the next three most profitable smartphone vendors globally this quarter, but they are still a long way behind Apple." She also revealed that the global smartphone market realized total operating profits of $9.4 billion during Q3 2016.
Unfortunately, the cold numbers show Apple's total domination - while the iPhone maker had a profit of $8.5 billion in the third quarter, Huawei barely managed to exceed $0.2 billion (2.4 percent market share). Vivo, OPPO, and the other brands grabbed 2.2 percent each.