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>Apple manages to earn 90 percent of the profits in the smartphone industry worldwide, even though it accounts for only 12 percent of the sales That figure is
by TheBeardKing 10y ago
>Apple manages to earn 90 percent of the profits in the smartphone industry worldwide, even though it accounts for only 12 percent of the sales
That figure is astounding, that every other smartphone manufacturer shares only 10% of worldwide profit.
- skuhn 10y agoIt's actually even worse than that (for everyone else). In Q3 2016 Apple had 104% of the profits -- because most of the other companies in that industry had no profits at all. Samsung came in at #2 with 0.9% of profits (they usually do a little better, but the Note 7 thing happened).
- simonh 10y ago> had no profits at all. It's mainly because they actually suffered losses, which is why Apple's share can be more than 100%.