Counterpoint Research data report shows that global smartphone profits fell 11% in the third quarter of 2019, about $12 billion. Despite this, Apple iPhone still took 66% of the profits of the entire smart phone industry, about 8 billion US dollars; the remaining 34% of profits were divided amongst Samsung, Huawei, Xiaomi, OPPO, vivo and other mobile phone manufacturers, of which Samsung accounted for 17%.According to the report, Apple's iPhone has performed well in major markets such as the United States, Europe, and Japan. Loyal premium users are the main reason why Apple can capture more than half of global smartphone profits.In addition, with its strong service business and its own complete ecosystem, Apple's profits will continue to grow steadily in the next few years.Relying on the outstanding performance of the Galaxy A series and Galaxy Note 10 series, Samsung captured 17% of the global mobile phone industry profit in the third quarter.Chinese smartphone brands have low profit margins, but are better than in previous years. Chinese smartphone brands are attracting users at low prices and launching fully featured flagship products.As the user's replacement cycle becomes longer, Apple has reduced the price of some iPhone models. This has caused some challenges for Chinese smartphone brands to increase profits and raise prices, and has limited their pace in the high-end market.