Samsung and Apple reportedly earned 87.9% of the smartphone market profits for the last 6 years
However, it seems that Apple holds the upper hand, as it has generated significantly more profits than the Korean manufacturer - $132.87 billion went to Cupertino, while Samsung earned no more or less than $56.11 billion.
The remainder of $26 billion is split between Nokia, BlackBerry, HTC, and LG. According to Dediu, Nokia's earnings for the last 6 years account for a total of $20.5 billion, which grants the Finnish company the third place among the most profitable smartphone manufacturers. HTC, on the other hand, lands on the fourth place with 2.8% of the total industry earnings, whereas BlackBerry and LG take the 5th and 6th place. Sony balances the books with 0% earnings, but Motorola scores an unpleasant financial result of -2.8%, which means that the company lost significantly more than it earned.
$215b: Net phone operating profits earned last 6 yrs. Moto: -2.8% Sony: 0 LG: 1.2 HTC: 2.8 RIM: 1.9 Nokia: 9.5 Samsung: 26.1 Apple: 61.8— Horace Dediu (@asymco) March 18, 2014
52. TheMan (Posts: 408; Member since: 21 Sep 2012)
This speaks to the dominance of Apple and Samsung, but little more. Of greater interest -- to me, at least -- is the trend. A snapshot of the previous six year period was very different. What will the next one bring?
22. g2a5b0e (Posts: 2367; Member since: 08 Jun 2012)
True, but they were RIM for a majority of that 6 years.
36. mrblah (Posts: 455; Member since: 22 Jan 2013)
They were RIM job for the majority of that!
6. Sauce (unregistered)
This should shut some Apple and Samsung haters mouths.
8. PapaSmurf (Posts: 8666; Member since: 14 May 2012)
We all know who is going to be disappointed the most though. ;D
9. Sauce (unregistered)
42. PapaSmurf (Posts: 8666; Member since: 14 May 2012)
I was going to mention a certain OEM considering they have a big zero next to their name. Samsung came in 2nd place next to Apple so your comment is not true.
16. Caukerzee (Posts: 35; Member since: 02 Jul 2013)
Sales Mean everything. Don't tell me they do not.
18. Sauce (unregistered)
They do not not mean anything.
23. StraightEdgeNexus (Posts: 3421; Member since: 14 Feb 2014)
Fruit's Overpriced products with maximum cost cutting efforts(manufacturing in china, 640p display, 1500mah battery, lack of innovations leading to reduced cost of R&D) are the reasons for huge profit.
26. Liveitup (Posts: 1343; Member since: 07 Jan 2014)
Lets see how the next six years has in store.
49. Amir1 (Posts: 267; Member since: 20 Aug 2013)
i will tell you the future: apple and samsung profits will go down and sony, lg and some other companies profit will go up.
31. elitewolverine (Posts: 1731; Member since: 28 Oct 2013)
So nokia did better than htc and others hmm interesting.
47. PeterK. (Posts: 100; Member since: 13 Nov 2013)
Yes, but bear in mind that this was over a period of 6 years.