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by TheBeardKing 3459 days ago
>Apple manages to earn 90 percent of the profits in the smartphone industry worldwide, even though it accounts for only 12 percent of the sales

That figure is astounding, that every other smartphone manufacturer shares only 10% of worldwide profit.

1 comments

It's actually even worse than that (for everyone else). In Q3 2016 Apple had 104% of the profits -- because most of the other companies in that industry had no profits at all.

Samsung came in at #2 with 0.9% of profits (they usually do a little better, but the Note 7 thing happened).

> had no profits at all.

It's mainly because they actually suffered losses, which is why Apple's share can be more than 100%.