Global handset industry revenues drifted -9% annually in Q1 2016, while profits tumbled -17% YoY. Apple maintained its leading position for revenue and profitability, but suffered from a first ever revenue decline since starting in the smartphone business. Huawei, OPPO and vivo performed well. By contrast, Xiaomi lost value share on an annual basis, due to its fading strength in China. Our extensive report provides quarterly global handset ASPs, REVENUES and profit metrics for 20 major handset OEMs from 2007 through Q1 2016. 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.