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Chinese phones sell well because they are cheap. Apple has never had but a fraction of the market but has always made most of the revenues and profits because t
by valuearb 6y ago
Chinese phones sell well because they are cheap. Apple has never had but a fraction of the market but has always made most of the revenues and profits because they dominate high end phones.
- simonh 6y agoFor a long time Apple made more than 100% of the profits in the mobile phone handset industry. That may appear to be impossible, but it's because so many of their competitors made losses and so had negative profits.