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Apple’s share of the smartphone industry’s profits go to 92 percent

12 Jul 2015 News
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Apple’s share of the smartphone industry’s profits go to 92 percent

Considering the fact that Apple sells less than 20 percent of the smartphones on the market, it’s remarkable that the tech giant’s share of the profits for that area have gone up to 92 percent. Out of around one thousand companies who make and sell smartphones. According to a report by WSJ, Apple recorded 92 percent of the total operating income from the top device makers, compared to only 65 percent last year. Canaccord Genuity says that Samsung Electronics Co. took 15 percent.

Given the fact that Apple sells less than 20 percent of all smartphones when it comes to unit sales, the amount of shares that Apple brings in are pretty unbelievable. The main reason is that Apple brings in a lot more for its devices than other companies. Most of the major competitors use Android.  

 

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rebecca

Rebecca, a former police officer, is an experienced writer and editor. She has used all kinds of different tech and prefers Apple products and apps. Her areas of expertise are in all things Apple, health and fitness, the Paleo lifestyle, and legal topics.