iPhone Accounts for 18.2 Percent of Smartphone Sales but 92 Percent of Industry Profits: Study

Smartphone sales may be slowing for some tech companies, but not for Apple. Analysts expect another powerhouse performance from the California tech giant when it reports quarterly financial results Tuesday. Apple’s signature iPhones remain popular, even as other smartphone makers are seeing demand slow down. Wall Street analysts estimate Apple will report a hefty $10.3 billion (roughly Rs. 65,565 crores)

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