Our Wireless Device Strategies (WDS) services published VALUE SHARE: Global Handset Revenue, ASP and Profit in Q1 2013 report today. Please click here to access the full report.
Global handset wholesale (trade) revenues grew +11% from a year earlier in Q1 2013. Revenues for the handset industry are growing faster than shipments, which slipped -1% year-over-year. A greater mix of higher-priced 3G and 4G LTE models drove the spike in revenues.
Global operating profit for the entire handset industry growing just +5% YoY this quarter, which is slower than the +28% YoY growth rate recorded in all of 2012. The profit slowdown was caused by weaker financials from giant Apple and its terrible iPhone profit growth rate of -17% YoY. In contrast, Samsung recorded an all-time-high profit, growing a significant +58% YoY. Despite Apple's stalled performance, the US vendor and Samsung remain well in charge and they continued to capture a combined near-100% share of all worldwide profits in the quarter.
Global handset industry wholesale ASP jumped +12% YoY in Q1 2013. This was above the +10% YoY growth rate for all of 2012. Average pricing was boosted upwards during the first quarter by a much lower ratio of entry-level 2G handset volumes shipped in all regions worldwide.
Samsung led Industry revenues in Q1 2013, outpacing Apple by a narrow margin, to regain the no.1 position for the first time in two quarters. Samsung and Apple remain in a close race and together captured two-thirds of worldwide handset revenues, as the market has entered a duopoly-like situation. We believe Samsung dominates profits in the 3G Android phone segment, while Apple leads profits in the 4G LTE handset category.
This report provides quarterly global handset ASPs, revenues and profit metrics for multiple major handset OEMs from 2007 through 1Q 2013. Revenue share and profit share are also supplied. The report is a highly valuable tool for operators, component makers, automotive players and financial analysts who want to track the financial health and pricing of mobile phone vendors.