Apple captures smartphone that is top revenue in Q3 of 2020 – iMore

Apple has captured the most revenue in the global smartphone applications processor market in Q3 of 2020.

As reported by Strategy Analytics:

The global smartphone applications processor (AP) market grew 32 percent in revenue terms to $7.4 billion in Q3 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report.

According to this Strategy Analytics’ research report “Smartphone Apps Processor Market Share Tracker Q3 2020: Revenue Surges 32 Percent” from Strategy Analytics, Apple, Qualcomm, MediaTek, HiSilicon, and Samsung LSI captured the top-five revenue share spots in the global smartphone applications processor (AP) market in Q3 2020. Apple led the AP that is smartphone market a 31 % income share, accompanied by Qualcomm with 21 % and MediaTek with 19 %.

Strategy Analytics reports that Smartphone AP revenue reached an high that is all-time Q3 2020, driven by an increased mix of 5G APs. Smartphone APs with on device-intelligence also grew by 28 percent during the period that is same

Strategy Analytics Associate Director Sravan Kundojjala reported “Apple overtook Qualcomm to recapture the smartphone that is top revenue share spot in Q3 2020. Qualcomm also faced heat from MediaTek in terms of units as Qualcomm’s AP shipments reached the lowest in the last eight years. Qualcomm, however, is expected to reclaim its spot that is top in 2020 with additional 4G and 5G AP deliveries.”

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As noted, Qualcomm is anticipated to simply take the lead right back from Apple whenever Q4 numbers are published. It comes down after Apple’s very own bumper profits post from Q1 2020, by which it recorded an record that is all-time111.4 billion in revenue. From the report:

Apple has just announced its results that are financial Q1 2021, within the duration between October 1 and December 26, 2020. The organization posted revenue that is quarterly of111.4 billion.

The quarter saw iPhone that is net hit $65.6 billion, up considerably through the past 12 months, with Mac, iPad, wearables, and solutions all beating their year-ago outcomes, too.

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