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That isn't true though. In the US, Apple is a minority player. I have no clue why Wall Street values them as a $1T company, when all they do anymore is make a
by DiabloD3 3y ago
That isn't true though.
In the US, Apple is a minority player. I have no clue why Wall Street values them as a $1T company, when all they do anymore is make a bunch of phones that are under-competitive and over-expensive.
The only time in the past few years that iPhones out sold Android phones in the US (the only market which Apple is a major player in; any of the global markets, they're virtually a nobody) was a glitch in 2021, most likely due to being pandemic-inspired. Never before nor since have they broken the 50% barrier.
Although I 100% agree with what the EU is doing to Apple (and I hope they keep going), I don't understand why they're bothering with such a relative small fry, when Google doing the exact same thing on the Google Play Store is right there, and Google has far more capability of paying fines than Apple does.
- matthewmacleod 3y agoApple is a $1T company—actually, $2.8T—because it brings in over $100bn a year in operating income, and was literally the world's single biggest seller of smartphones globally in 2023. The overall Google ecosystem is obviously more popular worldwide – but the idea that Apple only "makes a bunch of under-competitive phones", are "virtually a nobody" in the global market, or are a "small fry" is low-effort trolling.
- jakub_g 3y agoApple has 61% mobile market share in US, and in 2023 it shipped worldwide more phones than Samsung. Having a hefty margin on each device, avg price being way bigger than average Android; on top of that, their % share of total revenue coming from services (app store, subscriptions etc) compared to hardware shipments keeps growing every year. https://arstechnica.com/gadgets/2024/01/apple-hits-all-time-high-smartphone-market-share-takes-1-spot-for-2023/ https://arstechnica.com/gadgets/2024/01/apple-hits-all-time-... https://gs.statcounter.com/vendor-market-share/mobile/united-states-of-america https://gs.statcounter.com/vendor-market-share/mobile/united...
- capybara_2020 3y agoIt looks like the iPhone has always had more than 50% market share and right now it is at 61% https://gs.statcounter.com/vendor-market-share/mobile/united-states-of-america/#monthly-201511-202401 https://gs.statcounter.com/vendor-market-share/mobile/united...