Down from 88% in the December quarter when Samsung was melting down.
From a note to investors by Canaccord Genuity analyst T. Michael Walkley deposited into my inbox late Monday:
Based on analysis detailed in this report, Apple captured strong share of the premium-tier global smartphone market during Q1/C2017 generating 83% of industry profits, down from 88% in Q4 due to Samsung’s improved results and other OEMs, notably LG and Sony, reducing losses…
We remain impressed with strong Q1 iPhone sales of 50.8M despite growing consumer anticipation for the upcoming iPhone 8 launch in September. With supply meeting demand for the iPhone 7 Plus in January, we anticipate seasonally slower iPhone sales and decreasing inventory levels during the June and part of the September quarters as consumers delay purchases ahead of the anticipated iPhone 8 launch in September.
Reiterate Buy, raise price target to $180 from $165.
Below: Walkley’s quarterly spreadsheet.
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