Apple’s revolutionary iPhone led in 2021 global smartphone market revenue with annual revenue of $196 billion. That’s 44% of total global smartphone revenue in 2021, Apple’s highest share ever.
Aman Chaudhary for Counterpoint:
The global smartphone market revenue crossed $448 billion in 2021, according to the latest research from Counterpoint’s Market Monitor Service. It grew 7% YoY and 20% QoQ even as component shortages and COVID-19 restrictions continued to disrupt supply chains around the world.
Smartphone average selling price (ASP) grew 12% YoY to reach $322… 5G-enabled smartphones contributed more than 40% of the global smartphone shipments in 2021, compared to 18% in 2020.
Smartphone Market Revenue by Top 5 Brands, 2017-2021 (in $ billions)
Source: Counterpoint’s Market Monitor Service, Q421
Apple’s iPhone revenue increased 35% YoY to $196 billion in 2021. It captured 44% of total global smartphone revenue in 2021. The high demand for 5G-enabled iPhone 12 and 13 series helped Apple register 14% growth in its overall ASP, which reached $825 in 2021. The brand also managed to increase its share in key emerging markets such as India, Thailand, Vietnam and Brazil.
MacDailyNews Take: Note that Apple does not compete in the bottom-of-the-barrel junk category where the Android peddlers try to scrap up largely profitless revenue, making iPhone’s best-ever revenue dominance all the more striking.
The upcoming release of the sub-$400 5G-capable iPhone SE 3 will further add to Apple’s unmatched share of global smartphone revenue in 2022.
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Shop The Apple Store at Amazon.
In this stupidity and tumult that pretends to be some sort of Gubbermint of, by, and for the People; Apple has become the beacon of light that has the financial and market horsepower to get through all this BS……..
Buy the dips, hold the rips…..
Anticipating the wave that India will bring to these numbers. With the upcoming update to a $399 iPhone, a burst isn’t far away, imo. (Someone proposed the possibility of an even lower price to this iPh.)
This is meaningless without telling us what share of mobile phone market PROFITS it took. It is probably upwards to 95%
A shopkeeper knows profit share is important.
Let’s face it, most shopkeepers are geniuses and wealthy. Most go onto having their own talk shows–like Joe Rogan. I identify as a shopkeeper myself.
Joe Rogan is a self proclaimed drunk idiot (his words). Doesn’t take any brains to become an icon to meatheads in America, just the willingness to market an image nonstop. No different than any other pop tart Spotify sells.
If Rogan was appointed to manage a small business without a corporate sponsor pushing his image, he’d be collecting unemployment checks in no time — or regularly begging for donations like SteveJack.
Unless Apple is significantly less efficient than any other smartphone maker, its gross revenue is a decent indication of profit.