According to the latest updated report from Canaccord Genuity, Apple was able grow and dominate the smartphone industry profits during Q3 2015 at 94 percent by just selling 14.5 percent of total volumes. Last year, Apple had 85 percent of the profits.
Apple dominated the premium-tier global smartphone market during calendar Q3, with record share of industry profits, Investors Business Daily quoted analyst Michael Walkley. We believe the iPhone 6 and 6S products should continue to post strong sales and high-end smartphone market share gains.
With only 31% of the iPhone installed base having upgraded to the iPhone 6 and 6 Plus devices by Apple’s fiscal Q4 2015 (ended Sept. 26), we anticipate continued strong replacement sales through calendar 2016 and beyond.
Courtesy of Apple Insider
