Apple Sells 20 Percent of Smartphones, Takes 92 Percent of All Profits

July 14, 2015 1:41 am

We spotted this stat today:

“Apple Inc. recorded 92% of the total operating income from the world’s eight top smartphone makers in the first quarter, up from 65% a year earlier, estimates Canaccord Genuity managing director Mike Walkley. Samsung Electronics Co. took 15%, Canaccord says.

Apple’s share of profits is remarkable given that it sells less than 20% of smartphones, in terms of unit sales. ”

Source

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