Apple's Share of Smartphone Profits Climbs to 92% [Chart]

Apple's Share of Smartphone Profits Climbs to 92% [Chart]

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While about 1,000 companies make smartphones, Apple reaps nearly all the profits, according to estimates from Canaccord Genuity.

Apple took 92% of total operating income from the eight top smartphone makers in the first quarter. Samsung took 15%. The two companies account for more than 100% because the other makers either broke even or lost money.

The news comes as Apple is reportedly placing a record breaking order for its next generation iPhone with suppliers and Microsoft announced a $7.6 billion dollar write off on its acquisition of Nokia Devices and Services.

Apple's profitability is even more incredible given that it sells less than 20% of smartphones. Part of the way the company keeps profits high is by keeping its prices high and by staying at the forefront of technology. Last year, the iPhone sold for a global average price of $624 compared to $185 for smartphone running Android, says Strategy Analytics.

It's rumored that the iPhone 6s will be slightly thicker to accommodate a new Force Touch feature for the display but otherwise look very similar to the current device. Other predictions for the iPhone 6s include a new NFC chip, 16GB of storage, a faster LTE chip, a Rose Gold color option, 7000 series aluminum, 12MP Camera, 4K Video Recording, 240fps Slow-Mo, and more.

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[via WSJ]

Apple's Share of Smartphone Profits Climbs to 92% [Chart]

Nat - July 14, 2015 at 2:54pm
Microsoft, that's just sad. What was that you said about Cortana and all that shit?
Anonymous - July 14, 2015 at 3:13pm
Maybe it's because of the way they present their products. So boring and nerdy talks. Unlike apple, they talk sugarcoated topics that the consumers loves to hear. "Retina display" -> 720p display. "Touch id" -> fingerprint scanner. "64-bit processor" -> useless because iphone doesn't have more than 4gb of ram.
Sona - July 15, 2015 at 12:31am
Which we call it better marketing. Plus Smart phones are tide into ecosystem. And Windows Phones are just way too late.