Apple's iPhone 12 Shows Its 5G Dominance

Motley Fool2021-04-16

Apple's (NASDAQ:AAPL) iPhone 12 quickly climbed the charts to become the best-selling 5G smartphone in October last year despite being on sale for just a few days of that month. Fresh data from market...

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Comments

J355
2021-04-17
J355
Attractive?
- Yang Sheng:
  you sure?
- Cumcumber:
  Buying?
- mQ:
  Confirmed
10to100
2021-04-16
10to100
Yoyo
LUCKYGO
2021-04-16
LUCKYGO
Like and comment pls
LUCKYGO
2021-04-16
LUCKYGO
It’s time
KryZ
2021-04-16
KryZ
FAANG are for keeps!
BossBoss
2021-04-16
BossBoss
I like apple

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Fresh data from market research firm Counterpoint Research indicates that Apple's iPhone 12 lineup has remained in hot demand ever since.\nSome updated reporting from Counterpoint reveals that Apple produced six of the top 10 best-selling smartphones for the month of January 2021. The iPhone 12, the iPhone 12 Pro Max, the iPhone 12 Pro, and the iPhone 11 were the top four best-selling smartphones that month. The iPhone 12 mini and the 2020 iPhone SE also made the list. What's more, a closer look at the list tells us that Apple's domination of the 5G smartphone space continues. Here's why.\nImage source: Getty Images.\nThe iPhone 12 is leaving others behind in 5G\nChina's Xiaomi and South Korean smartphone giant Samsung were the other two manufacturers whose devices made it to the top 10 list. Xiaomi's Redmi 9A and Redmi 9 were the fifth and sixth best-selling smartphones in January, but what's worth noting is that they are way cheaper than Apple's offerings.\nThe Redmi 9A can be bought for just $120 in the U.S. Customers can buy the device for around 89 pounds in the U.K., and for less than 100 euros in Germany. The Redmi 9 is slightly more expensive with its price hovering around $150 in the U.S. The 5G variant of the Redmi Note 9, however, starts at $290 for the Chinese version. Samsung's Galaxy A21S and Galaxy A31 are the two smartphones that completed January's top 10 list, and they are priced at around $200 in the U.S.\nThe cheapest Apple device on the list is the 2020 iPhone SE, which starts at $399 in the U.S. The iPhone 12, which tops the list, starts at $799, while the second-ranked iPhone 12 Pro Max begins at $1,099. The iPhone 12 Pro is ranked third. This makes it clear that Apple is enjoying solid pricing power as customers are preferring the more expensive iPhone 12 models -- all of which are 5G-enabled.\nThat's not surprising as Apple has hit the sweet spot as far as pricing the iPhone 12 series is concerned. Samsung's latest Galaxy S21, for instance, starts at almost $800, which is equal to the starting price of the regular iPhone 12. But Apple gives customers on a budget the option to buy a 5G-enabled smartphone for $699 in the form of the iPhone 12 mini.\nAnother factor that could be playing in Apple's favor is the higher average selling price (ASP) of 5G smartphones.\nIDC estimates that the ASP of a 5G smartphone stood at $600 last year, and a similar level can be expected in 2021. The increasing proportion of 5G as a percentage of overall smartphone shipments is pushing the industry's ASPs higher. 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Additionally, the smartphone giant is expected to place initial orders for 100 million units of this year's iPhone lineup, a 25% increase over last year.\nMeanwhile, 5G smartphone shipments are expected to more than double in 2021 to 540 million units. Shipments are expected to exceed more than a billion units by 2025, according to IDC. 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and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370138929","repostId":2127831298,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":370131242,"gmtCreate":1618561234986,"gmtModify":1704712741174,"author":{"id":"3581650187156259","authorId":"3581650187156259","name":"LUCKYGO","avatar":"https://static.tigerbbs.com/652043866e038981be3c3a2615d01bea","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581650187156259","authorIdStr":"3581650187156259"},"htmlText":"It’s time&nbsp;","listText":"It’s time&nbsp;","text":"It’s time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370131242","repostId":2127831298,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":370102371,"gmtCreate":1618559422693,"gmtModify":1704712717649,"author":{"id":"3574671514316116","authorId":"3574671514316116","name":"KryZ","avatar":"https://community-static.tradeup.com/news/8657f0cc14de942f5047d99219cd2d75","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574671514316116","authorIdStr":"3574671514316116"},"htmlText":"FAANG are for keeps!&nbsp;","listText":"FAANG are for keeps!&nbsp;","text":"FAANG are for 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