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by parallel_item
2880 days ago
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Some crazy stat exists related to this. Something like Apple making less than 15% of global units while reaping some 80% of the global profits related to said units. In this case, I weigh profits as the best manifestation of the company's position and not units produced. |
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> BMO Capital Markets analyst Tim Long estimates that Apple accounted for 103.6% of smartphone industry operating profits in the third quarter. Its share is over 100% because other vendors lost money in the business, resulting in Apple having more smartphone profit than the industry netted overall. In the year-earlier period, Apple grabbed 90% of smartphone profits, Long said in a research report Thursday.
https://www.investors.com/news/technology/click/apple-iphone...