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.
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.
$215b: Net phone operating profits earned last 6 yrs.Moto: -2.8%Sony: 0LG: 1.2HTC: 2.8RIM: 1.9Nokia: 9.5Samsung: 26.1Apple: 61.8
— Horace Dediu (@asymco) March 18, 2014source: @HoraceDediu via BGR
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