"Apple's per unit profit is five times higher than Samsung and approximately 14 times higher than the average per unit profit of Chinese brands. Apple's per unit profit stood at $151 in Q3 2017," the report said. "Samsung made a strong comeback in the third quarter with its Note 8 series while S8 series continue to perform on par. "This is the first time ever when the cumulative profits of Chinese brands crossed $1.5 billion for the first in a single quarter," Counterpoint Associate Director Tarun Pathak said.He added that usually all the profits have been shared by just two brands -- Samsung and Apple. The high-end iPhone X is available for Rs 89,000 onwards.

Source: Economic Times December 27, 2017 12:11 UTC