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Top 5 Profitable Smartphone Companies in 2017

The number of smartphone maker companies in the world is quite high. Some come into discussion because of their strong smartphones, so some of them remain populist due to their brand value. But do you know what is the world's most profitable smartphone company? Do you know which company is the biggest beneficiary of selling every single unit? We are going to answer these same questions in our news.

A research company named Counter Point recently released a data in this regard. The company has ranked smartphone companies on the basis of profits on each smartphone. However, most of the profits in the smartphone industry have been accounted for by companies like Samsung and Apple. According to the report, the Chinese brand's cumulative profit for the first time crossed 1.5 billion.

So let's look at some of the profit-making smartphones companies:

1. Apple: Apple is the one-sided secret in the mobile handset industry.

Top 5 Profitable Smartphone Companies in 2017

According to the research, 60 percent of the profits of the industry went to Apple's account. However, compared to the same quarter last year, the company's profit has come down from 86 per cent to 60 per cent. The Apple company was benefitted from the poor performance of the Samsung Galaxy Note 7. Apple currently has a profit of more than $ 150 on every phone sale. This advantage can be further boosted by the sale of the iPhone X series. According to the research company, the increasing demand for iPhone X 256 GB can increase the profitability of the company.


2. Samsung: In the third quarter of the year Samsung has made a bang with the Galaxy Note 8 series. 

Top 5 Profitable Smartphone Companies in 2017

Profit share of the company touched 26 percent in this quarter. In the third quarter of 2016, the company is recovering from the poor performance of the Samsung Galaxy Note 7. Note that the growing demand for the 8 Series is expected to increase the profits percentage.

3. Huawei:

Top 5 Profitable Smartphone Companies in 2017

With the change in the price band, in the portfolio of the third quarter, the revenue of 67 percent Yoy (year-over-year) has been profitable in the third quarter of 2017. According to the research, the company has a profit of $ 15 per unit.

4. Oppo:

Top 5 Profitable Smartphone Companies in 2017

Oppo is the world's fourth largest company in terms of average profit on the handset sales. Oppo has gained a profit of $ 14 per unit sale.

5. Vivo:   

Top 5 Profitable Smartphone Companies in 2017

The advantage of the handset with strong performance has been as a profit to Vivo. Vivo is the world's fifth company in terms of profits. Vivo has gained about $ 13 per unit sales.

So these were Top-5 smartphone maker companies who have made good profits during the year 2017