Samsung's Mobile Income Surpasses Google's Entire Income [Chart]
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Posted November 14, 2012 at 8:02pm by iClarified
Samsung's mobile operating income has surpassed Google's entire operating income and is on pace to double it soon, reports Asymco's Horace Dediu.
Not only did it overtake Nokia, the market share leader for 14 years, but is making more profits than Nokia ever did. So much profit in fact that it has overtaken Google’s decisively.
The reason I point this out is that Samsung’s success is dependent on having ridden on the back of Android. Samsung’s ascent can be precisely timed to their adoption of Android.
Google profits through ads generated from Android devices. Google has always been the company that profits mainly from advertising, never from selling hardware.
Nevertheless, Samsung ships their devices with Google Play Store (this is not provided free if i'm not mistaken). So there must be some money there also maybe per device instead of lump sum.