4 ms·
Wasn’t it more than 100% a couple of years ago?
by hnaccount_rng 5y ago
Wasn’t it more than 100% a couple of years ago?
- deleted 5y ago[deleted]
- evilduck 5y agoHow do you capture more then 100% of a market?
- macintux 5y agoYou can get more than 100% of the profits if everyone else loses money. I do remember that being very nearly true for Apple at one point.
- hnaccount_rng 5y agoIt’s “just” about profit not revenue. And that was while companies like Sony still did smartphones in earnest. I remember being rather shocked when I read that… but I’m also far too lazy to google for it so… make of that what you will
- malshe 5y agoI believe it was because a large majority was making losses. So the total profit was less than Apple’s profit alone.
- SanchoPanda 5y agoCorrect, It was north of 100% for several quarters when HTC was flailing and Samsung was net burning money trying to establish the Galaxy as the dominant premium Android phone. I'll try to pull up the industry report that had those numbers. Quick link while I look: https://www.forbes.com/sites/parmyolson/2016/11/04/apple-grabs-more-than-100-of-smartphone-profits https://www.forbes.com/sites/parmyolson/2016/11/04/apple-gra...