“Turns out that iPhone addiction is much harder to kick than previously thought and is now driving Apple’s growth in an increasingly maturing smartphone market,” Yuichiro Kanematsu and Kotaro Hosokawa report for Nikkei. “Over the past five years, the average price of smartphones running on Google’s Android operating system has halved to around $200. This means smaller profits for Apple’s competitors, who are now focusing more on undercutting one another than on pursuing innovation. One unintended consequence has been that consumers are attaching less value to their smartphones, putting even more pressure on prices.”

“During the recent year-end holiday season, the iPhone 7 became a hit,” Kanematsu and Hosokawa report. “In the three months through December, Apple sold 78.29 million units around the world, up 5% from a year before and a quarterly sales record… Apple’s renewed vigor is also visible in its share price, which has gained about 30% during the past four months. ”

iPhone 7 Plus

Apple’s flagship iPhone 7 Plus in Jet Black, the world’s most advanced pocket computer

 
“The upcoming iPhone, to be launched this fall, will come in three configurations — two with liquid crystal displays and one with a 5.8-inch organic light-emitting diode display,” Kanematsu and Hosokawa report. “By adding more large-screen options to the lineup to meet growing demand for BIG, Apple intends to raise the average iPhone price, which has already gone up by about 10% in the past three years to nearly $700.”

Read more in the full article here.

MacDailyNews Take: Market dynamics are starving Android which races headlong to the bottom which Apple vacuums up all of the market’s profits.

SEE ALSO:
PC Magazine’s Miller: Apple’s iPhone 7 Plus is the best smartphone I’ve ever used – November 23, 2016
iPhone 7 Plus review: One month later – October 18, 2016
TechSpot reviews Apple’s iPhone 7 Plus: Absolutely decimates the competition – October 12, 2016
AnandTech reviews Apple’s iPhone 7 and 7 Plus: ‘Unparalleled, a cut above anything else in the industry’ – October 10, 2016
Computerworld reviews Apple’s iPhone 7 Plus: There’s never been a better time to switch to iPhone – October 7, 2016
PC Magazine reviews Apple’s iPhone 7 Plus: Editors’ Choice – September 20, 2016
Tom’s Guide reviews Apple’s iPhone 7 and iPhone 7 Plus: Great upgrades, but one is greater – September 20, 2016
More evidence Apple’s iPhone 7/Plus is more than a modest refresh – September 20, 2016
Professional photographer Benjamin Lowy puts Apple’s iPhone 7 Plus cutting-edge camera to the test – September 20, 2016
Apple’s A10 Fusion chip miracle – September 20, 2016
The iPhone’s new A10 Fusion chip should worry Intel – September 16, 2016
Apple’s remarkable new A10, S2, W1 chips alter the semiconductor landscape – September 15, 2016
Wired reviews Apple’s iPhone 7/Plus: ‘Fantastic’ – September 14, 2016
Sprint, T-Mobile: iPhone 7/Plus pre-orders up 4X over last year; Apple shares surge – September 13, 2016
USA Today’s Baig reviews Apple’s iPhone 7/Plus: ‘A strong handset for sure’ – September 13, 2016
WSJ reviews Apple’s iPhone 7/Plus: ‘Get over the headphone thing and upgrade’ – September 13, 2016
Mossberg reviews Apple’s iPhone 7/Plus: It’s a great phone, but where’s my headphone jack? – September 13, 2016
The Verge reviews Apple’s iPhone 7/Plus: ‘The future in disguise’ – September 13, 2016