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Samsung and Apple reportedly earned 87.9% of the smartphone market profits for the last 6 years

Samsung and Apple reportedly earned 87.9% of the smartphone market profits for the last 6 years
According to Horace Dediu, a mobile market analyst that is familiar with Apple's financial strategies, Samsung and Apple together take hold of 87.9% of the profits, generated in the smartphone industry for the past 6 years. From the total of $215 billion, accumulated by the phone industry for the given period, roughly $189 billion went to the said duo, Dediu claims.

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.


source: @HoraceDediu via BGR

51 Comments
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posted on 18 Mar 2014, 10:46 3

1. jaytai0106 (Posts: 1275; Member since: 30 Mar 2011)


Damn...

posted on 19 Mar 2014, 11:26

52. TheMan (Posts: 402; 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?

posted on 18 Mar 2014, 10:48 3

2. PapaSmurf (Posts: 8282; Member since: 14 May 2012)


Holy Jesus what did I just see?

posted on 18 Mar 2014, 10:51 6

3. jaytai0106 (Posts: 1275; Member since: 30 Mar 2011)


Domination...

posted on 18 Mar 2014, 10:54 4

4. PapaSmurf (Posts: 8282; Member since: 14 May 2012)


Sony has a big Cheerio next to it. :/

posted on 18 Mar 2014, 10:55

5. Felix_Gatto (Posts: 488; Member since: 03 Jul 2013)


Not RIM, but Blackberry.

posted on 18 Mar 2014, 11:34

22. g2a5b0e (Posts: 2169; Member since: 08 Jun 2012)


True, but they were RIM for a majority of that 6 years.

posted on 18 Mar 2014, 16:03

36. mrblah (Posts: 437; Member since: 22 Jan 2013)


They were RIM job for the majority of that!

posted on 18 Mar 2014, 10:55 5

6. Sauce (unregistered)


This should shut some Apple and Samsung haters mouths.

posted on 18 Mar 2014, 10:56 6

8. PapaSmurf (Posts: 8282; Member since: 14 May 2012)


We all know who is going to be disappointed the most though. ;D

posted on 18 Mar 2014, 11:00

9. Sauce (unregistered)


Lolll

posted on 18 Mar 2014, 16:04 1

37. mrblah (Posts: 437; Member since: 22 Jan 2013)


Anyone with an android.

posted on 18 Mar 2014, 16:44 3

42. PapaSmurf (Posts: 8282; 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.

posted on 18 Mar 2014, 11:17 2

16. Caukerzee (Posts: 35; Member since: 02 Jul 2013)


Sales Mean everything. Don't tell me they do not.

posted on 18 Mar 2014, 11:20

18. Sauce (unregistered)


They do not not mean anything.

posted on 18 Mar 2014, 11:47 6

23. StraightEdgeNexus (Posts: 3202; 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.

posted on 18 Mar 2014, 12:48 1

26. Liveitup (Posts: 1208; Member since: 07 Jan 2014)


Lets see how the next six years has in store.

posted on 19 Mar 2014, 08:26

49. Amir1 (Posts: 262; 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.

posted on 18 Mar 2014, 13:19

31. elitewolverine (Posts: 1570; Member since: 28 Oct 2013)


So nokia did better than htc and others hmm interesting.

posted on 19 Mar 2014, 02:06 1

47. PeterK. (Posts: 91; Member since: 13 Nov 2013)


Yes, but bear in mind that this was over a period of 6 years.

posted on 18 Mar 2014, 16:08 1

40. mrblah (Posts: 437; Member since: 22 Jan 2013)


Apple is unbeatable!

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