Apple Now Takes 66 Percent Of All Mobile ProfitsAugust 1, 2011 5:58 pm
Stunning rise for Apple in the mobile industry – we spotted this today:
“Horace Dediu of Asymco has taken a look at the financial results of Apple, Nokia, Samsung, LG, Sony-Ericsson, Motorola, HTC, and RIM and put together a comparison of who is making profit and how much. Apple, perhaps not surprisingly, has gone from almost 0 in 2007 to 66% in the latest quarter, 2011.
Three companies which captured 11% of the profits before the modern smartphone era started (four years ago!) now capture 84% of the profits. Only one global brand phone vendor selling non-smart voice-oriented feature phones is still profitable however, as we shall see later, the only reason profits still exist for any vendor is due to the strength of their smartphone portfolio.”
Statistics Source: Asymco, via Tipb