This was indeed a change in status.
Before this, Apple phones accounted for less than 15% of total sales in the global mobile phone market, yet seized 60% of the entire market's profits, taking the biggest bite of the pie.
Although the other phone manufacturers held the remaining 85% of the market, their combined profits still fell short of Apple's alone.
The reason was that Apple phones dominated the highest-end market.
But now, that situation had suddenly changed.
Phantom Immortal Technology had kicked Apple down from the clouds. To survive, it had no choice but to compete with other manufacturers in the next tier down—in other words, to fight over the rest of the pie.
This was undoubtedly a far more brutal battlefield.
As for whether Phantom Immortal Technology, now standing at the summit, could sustain Apple's former legend and maintain those extraordinarily high profit margins, no one could say for certain.
No one knew exactly how much it cost Phantom Immortal Technology to manufacture the Phantom Spirit Phone, or how much it had invested in research and development.
Many people even believed what Shen Bing had said at the New Product Launch: the standard version of the Phantom Spirit Phone was sold at a loss, and only the luxury version actually generated profits.
If that was true, the profit structure of the mobile phone industry might be rewritten.
But who knew that manufacturing the Phantom Spirit Phone cost Phantom Immortal Technology no more than making an ordinary phone? It produced every component itself and had developed all the technology in-house, with no additional costs whatsoever.
Shen Bing had no intention of making any of this public. Phantom Immortal Technology was not a publicly listed company and had no obligation to disclose its finances.
Shen Bing spent two leisurely