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by rayiner 5241 days ago
> I don't doubt that Apple has vastly greater profits than any of its competitors, but stats like this are cooked to make the ratio seem even more impressive than it already is.

The chart isn't misleading--it shows what it purports to show: the share of total profits in the cell phone market. The chart suggests that Apple has managed to capture a big %-age of the total profits in the market by targeting a high-margin niche, which is in itself a useful observation.

The chart would be misleading if it were, say, comparing profit per phone (which would for no reason make companies that sold a lot of cheap phones look worse than companies that sold fewer expensive phones) but that's not what this chart is doing.