Samsung to Make $110 on Each iPhone X Sale: Report 541a6n

Samsung to Make $110 on Each iPhone X Sale: Report
Highlights
  • The iPhone X will be available from November 3
  • Apple used displays and memory chips made by Samsung on iPhone X
  • The iPhone X will be available at a price of $1,000
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The components division at Galaxy S8 in the 20 months after the new Apple model goes on sale. 73311k

If you are scratching your head to understand how this unique situation has come into place, Apple has used the OLED displays and memory chips manufactured by Samsung in its latest high-end flagship model iPhone X. "The South Korean company's giant components division stands to make $110 from for each top-of-the-line, $1,000 (roughly Rs. 65,500) iPhone X that Apple sells," The Wall Street Journal said in its report.

"While each company vies to get consumers to buy its gadgets, Samsung's parts operation stands to make billions of dollars supplying screens and memory chips for the new iPhone-parts that Apple relies on for its most important product," it added.

Citing the analysis conducted by Counterpoint Technology Market Research, the report says that "Samsung is likely to earn roughly $4 billion more in revenue from iPhone X parts than from components made for the Galaxy S8 in the 20 months after the new iPhones go on sale Nov. 3."

Considering that the majority of sales for any new smartphone happen within 20 months of its launch, it can be said that this statement holds true for the lifetime for the aforementioned handsets. It seems like a win-win situation for Samsung, a company that was facing major wrath from consumers around the world same time last year. Fortunes have clearly turned for the South Korean company and after the successful launch of its Galaxy S8, Galaxy Note 8 smartphones, it looks set to reap benefits from the sales of Apple iPhones now as well.

Apple iPhone X 524539

  • REVIEW
  • KEY SPECS
  • NEWS
  • Variants
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Stunning design and display
  • Great cameras
  • Wireless charging
  • Assured, timely software updates
  • Bad
  • Costs a small fortune
  • First party apps not great in India
  • Fast charger not bundled
Display 5.80-inch
Processor Apple A11 Bionic
Front Camera 7-megapixel
Rear Camera 12-megapixel + 12-megapixel
RAM 3GB
Storage 64GB
Battery Capacity 2716mAh
OS iOS 11
Resolution 1125x2436 pixels
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