· Absolute Shockers · TECHNOLOGY
Apple Sells 20 Percent of Smartphones, Takes 92 Percent of All Profits
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. "