Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research.
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The smartphone manufacturer's sales for Q2 2018 were down from the first quarter and below analyst expectations and relatively slow sales of its Galaxy S9 smartphones could be to blame.
Samsung has posted a strong earnings guidance for this quarter, saying that it made over $50 billion in sales. It also boasts nearly $15 billion in operating profit, likely due to its chip business.
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