Apple got famous for its merchandise smartphone in the previous year. And the annual revenue was about 196 billion. Year-on-year revenue of iPhone got a 35% increase and in 2021 gross smartphone revenue globally was about 44%.
Apple has registered about 14% growth in its gross selling cost due to the massive demand for the series of iPhone 13 and 14 which are 5G enables. And the average selling cost was hiked to about $825 in the year 2021.
This brand has also started to enhance its share in its main flourishing merchandise like in Thailand, India, and Brazil.
Revenue of the Smartphones of Samsung has expanded to about 11% a few years ago. And it’s been headed to about $72 billion in the year 2021, meanwhile, it was $64 billion in the year 2020. And the mediocre selling cost was about 5% to around $263.
Apple’s reportedly flat IPhone 14 production target for 2022 isn’t a great sign
The market monitor service of counterpoint shows figures which have shown that the revenue of global smartphone reached about 7% which is a total of $448 billion in the year 2021. It was still increased despite the influence on supply chains due to the shortage of constituents and the impact of covid-19.
Across the whole merchandise of the smartphone, the average selling cost reached around 12 percent year after year and then reached $322.
This is all because of the higher shares of phones that are 5G enabled the merchandise. And the average selling cost of 5g enabled phones was much higher than that of the 4 g enables smartphones.
Many of the 5g enabled smartphones were dispatched in the year 2021 like the Xiaomi, Oppo, and Redmi. These all smartphone companies had worked to launch the 5g enabled smartphones available at an affordable price in the .flourishing merchandise.