Business

Samsung sells the most smartphones in 2016, Apple comes second

Despite a difficult end to 2016, Samsung remained the top smartphone seller by shipping a whopping 308.5 million units last year, according to Strategy Analytics. Apple is a distant second with 215.5 million iPhones.

However, high average selling prices and high margins gave Apple the lions share of the profits – close to 80% of worldwide profits from smartphones ended up in its pockets, some $44.9 billion out of $53.7 billion total.

In comparison, Samsung Mobile brought in 14.6% or $8.3 billion – a number certainly impacted by the Galaxy Note7 recall. Comparing operating profit margins, Apples was 32.4% while Samsungs was 11.6%

Huawei is #3 in market share – the Honor series alone sold 72.2 million, the higher-end Ascend series did 65.7 million. Those individual lines outsold Xiaomis whole line-up, the young company managed 46.4 million. Thats a big drop from the 65 million units Xiaomi sold in 2015.

Anyway, Vivo and Oppo did well for themselves too. Vivos X series sold 33.7 million, the Y series 25.6 million. Oppos R series outsold both at 38.4 billion. Huawei, Oppo and Vivo, each of which took in about 1.5% of global profits. The primary market for these companies is China, where the average smartphone sells for between $260 and $520.

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