It can't be a monopoly when there are countless choices but people choose iPhone anyway.
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Apple's iPhone 11 Was the Most-Shipped Smartphone in First Half of 2020
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People would probably want to buy an iPhone - they know they'll get at least four years of solid software support from hardware release. Don't get that from many Android OEMs.
Fits perfectly!
Characteristics
A monopoly has these five characteristics:
- Profit maximizer: Maximizes profits.
- Price maker: Decides the price of the good or product to be sold, but does so by determining the quantity in order to demand the price desired by the firm.
- High barriers to entry: Other sellers are unable to enter the market of the monopoly.
- Single seller: In a monopoly, there is one seller of the good, who produces all the output.[4] Therefore, the whole market is being served by a single company, and for practical purposes, the company is the same as the industry.
- Price discrimination: A monopolist can change the price or quantity of the product. They sell higher quantities at a lower price in a very elastic market, and sell lower quantities at a higher price in a less elastic market.
Apple sells 5 iPhones, sales are spread out among the models. Between the 11 Pro and 11 Pro Max, you’re talking about $15-20 billion in sales in just six months.
That literally doesn’t fit. There are THOUSANDS of phones, most of which Apple doesn’t make. They don’t even have a lot of market share. People can choose to use Android, but some don‘t. Apple doesn’t force them to. There are countless options. You’re literally just an Apple hater at this point. You’d probably only be happy if Apple sold barely any iPhones.
Who are Omdia, what is the source of all this data, and what does "shipped" mean? Is this hands in the devices of consumers, or devices sitting on shelves in carrier/store warehouses?
I had the 5.8 pro model. And I thought that was too small for me. The Pro Max from last year was too big. So the iPhone 11 seemed perfect. And I do not really don’t notice that much difference in the display.
Good question. However, manufacturers (in general) do offer high-end products that appeal to a small minority of their customer base.
This statistic/presentation is BS... it's just grouping by phone model name. Usually the competition fragments their phone models a lot more than Apple does. So if, for example, Samsung had a Galaxy SX and there are SX+ and SX- which are all the same exact e.g. storage and they each sold 11 units that would be compined 33.
That doesn't change the fact that the iPhone, especially the 11 is an extremely popular phone (and likely it would remain on 1st place), however this is still a good example of how you can make statistics show a desired result.
Some things to think about.
1. These are the numbers based on a phone model. If I was looking for a
Ie. if I want a phone with iOS, my options are only iPhones. But if I want an Android phone, I have various brands to choose from. Just guessing, though.
1. These are the numbers based on a phone model. If I was looking for a
I think it's more about the numbers for Android is being spread amongst more devices. Meanwhile, Apple is the only one making phones with iOS.
Ie. if I want a phone with iOS, my options are only iPhones. But if I want an Android phone, I have various brands to choose from. Just guessing, though.
Clearly, the non-Pro iPhone is a sweet spot. Not surprising. It is a really great device missing only a few features most users [obviously] don't care much about.
It's even closer than that. The XR/11 resolution isn't 720p, it's 828p. Only 252 fewer rows.
So what? Those Pro customers would likely buy an iPhone 11 instead, and Apple would make fewer revenues that way.
Another JD Power pay to massage your data however you like. Most consumers can't think for themselves and rely on marketing data to make their purchasing decisions.
Don't forget, a lot of the internals in iPhone 11 Pro and 11 are similar. It probably doesn't cost them that much more to make two versions of roughly the same hardware.
Apple kicked off a new Trade-In Program in early-Jan of 2019, which took time to become Common Knowledge.
Much of the surge in 2020 can be attributed to that Trade In Program.
ONLY a few so-called Pro Stock Analysts who cover AAPL for a living have ever mentioned this very important fact !
Much of the surge in 2020 can be attributed to that Trade In Program.
ONLY a few so-called Pro Stock Analysts who cover AAPL for a living have ever mentioned this very important fact !
I'm not surprised - it strikes a really good balance between price and features (with a really great Camera). Once my mother and sister saw some of the pictures I took with my phone, they both upgraded their phones to an 11.
These are units SHIPPED, not sold. Most of them are probably sitting in the backs of stockrooms and in warehouses. Shipped means nothing, you want to look at sales.