Everything to Know About Apple’s Big iPhone Profits and a Big Potential Acquisition

Speaking of smartphones, Counterpoint Research revealed this week that Apple dominates all rivals by collecting two-thirds of all smartphone industry profits.

It’s been a busy week in Apple headlines. Read on to find out why:

iPhone profits pour in

Apple collected two-thirds of the smartphone industry’s $12 billion in third-quarter profits, according to Counterpoint Research. Samsung trailed with 17% while several China-based smartphone makers, including Huawei, Oppo, and Vivo collected the rest.

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