In the second quarter of 2021, Apple accounted for 40 percent of the mobile market's revenue and 75 percent of its operating profit, according to Counterpoint Research.
Interestingly, this is not an all-time high. In the fourth quarter of 2020, revenues hit a record high of 50% and operating profit was 86%. Analysts attributed apple's performance to the success of the first 5G iPhone.
Samsung, the world's largest smartphone vendor, only fell behind Huawei and Apple in terms of revenue share in the fourth quarter of 2019 and the second quarter of 2020, and has been second in terms of profits for the past few quarters.
Huawei's loss of market share has been accompanied by the rise of other domestic Oems, notably Xiaomi, OPPO and Vivo, which had become the third mobile phone brand after Apple and Samsung in terms of revenue since the second quarter of 2021. (article | AI business club Zhao Hao)