3 ms·
Google posted almost $60B profit in 2022. Samsung posted $3.2B profit in Q4 2022. Extrapolate that to $12.8B yearly. And they're one of several Android device
by mckn1ght 3y ago
Google posted almost $60B profit in 2022.
Samsung posted $3.2B profit in Q4 2022. Extrapolate that to $12.8B yearly. And they're one of several Android device makers, with about 1/3 of that market share. Apparently Samsungs profits fell dramatically in 2023 because just over half of their business is structured towards memory chips, and they have too much inventory and not enough demand. Meanwhile, Apple in-housed their CPU design and their new chips are crushing it.
Are these numbers not big enough to qualify as a "slice"?
> I feel like there must be anti-competitive barriers somewhere
That's not a very compelling argument. By all means look for them, but show results, not hypotheticals alone.
It could also be that Apple is just competing much better, and each X gained per year leads to X+n gains the next year, compounding. They're vertically integrated from end user software services to OSes to devices to ISA's, and they have decades of experience in each. You don't just go out and raise a series A and knock them out of the lead.