Apple’s revolutionary iPhone continues to own the premium smartphone market

“According to Counterpoint Research’s Market Monitor Q3 2018, the global premium smartphone segment [over $400] continues to grow faster than the overall smartphone market,” Tarun Pathak writes for Counterpoint Research. “The growth in the third quarter was driven by new iPhone launches along with the flagship launches of key Chinese OEMs such as OPPO and vivo. The global, premium smartphone segment grew faster (+19%) than the overall smartphone segment (-5%) in Q3 2018.”
“The premium smartphone segment represented 22% of the global smartphone market share during Q3 2018,” Pathak writes. “Close to 40 OEMs compete in the premium segment globally, out of which the top five players account for almost 89% of shipments. Apple led the global premium smartphone segment capturing 47% share of the segment, followed by Samsung (22%), Huawei (12%), vivo (5%), OPPO (5%) and Xiaomi (3%).”
Apple’s all-new 5.8-inch iPhone Xs and 6.5-inch iPhone Xs Max
 
“In the $800+ segment, Apple clearly dominated with 80% share during the quarter,” Pathak writes. “Going forward, we estimate that the premium smartphone segment will grow in Q4 2018 driven by a full quarter of sales of new iPhones.”
Q3 2018 Premium Smartphone Segment Competition Trends Across Price Tiers
Source: Counterpoint Research Market Monitor Q3 2018
 
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MacDailyNews Take: Apple continues to own the premium smartphone market and the lion’s share of the smartphone industry’s profits.
The best any Android phone will ever be is nothing more than a poor man’s iPhone.
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