Samsung and Apple rake in 99% of mobile profits

Samsung and Apple rake in 99% of mobile profits
A few days ago, we learned that Apple and Samsung are by far the dominant forces in the smartphone market, and it's no surprise that Apple is a profit machine, but the numbers for just how dominant are a bit staggering. In the estimates, it was predicted that the two companies would combine for 90% of profits, but that may not even be high enough. 

Samsung and Apple rake in 99  of mobile profits
According to the numbers from asymco, Apple took in 73% of operating profits, while Samsung made 26%, which means the two combined were responsible for 99% of profits in Q1 of this year. However, we must point out that asymco only tracks handset makers that report mobile phone divisional performance, and never makes it fully clear what companies are included. Given the size of the company, we find it hard to believe that ZTE wouldn't even be mentioned in the report, and Huawei is also not mentioned. 

Samsung and Apple rake in 99  of mobile profits
Possibly even more impressive is just how quickly the smartphone market has grown, and specifically Apple's profit within that market. Just two years ago in Q1, total profits from the 8 vendors listed in asymco's data was just $5.3 billion, and in Q1 this year, the profits generated were $14.4 billion. And, Apple made up about $10.5 billion of that number. That's some impressive growth. 

Still, this doesn't really help assuage the fears that we have about Apple and Samsung being the dominant forces in the mobile world. 

source: asymco via BGR

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18 Comments

1. taco50

Posts: 5506; Member since: Oct 08, 2009

With that kind of dough I know iPhone will stay at the top of the food chain for a while. Apple has the money to invest and make sure it's so.

2. remixfa

Posts: 14605; Member since: Dec 19, 2008

stay on top of the profit chain. i dont know what other "food chain" you are talking about since they are losing market share more often than not. sky high profits mean your just paying too much.

3. taco50

Posts: 5506; Member since: Oct 08, 2009

I told you when I want pizza I'll give you a ring.

6. remixfa

Posts: 14605; Member since: Dec 19, 2008

your jokes are so lame. lol. whats it like to never have a job and to live off your parents money? Considering I've worked in the Cell industry for gawd.. about 5 years, your a bit late with the pizza jokes. Besides, why would I be embarrassed of running a business? Have you ever run a million dollar business? I have. I'd only be embarrassed if i lived at home and spent all day trolling on websites doing all I could to get negative marks on my posts.. which you admit you do on purpose because you think it makes you "famous" or "important" on the website. Sad sad little troll.

8. taco50

Posts: 5506; Member since: Oct 08, 2009

I didn't know delivering pizza was "running a million dollar business". Hahahha I'm crying laughing

10. remixfa

Posts: 14605; Member since: Dec 19, 2008

again, because you live at home. Maybe you should go look up the businesses to get into to become a millionaire. Really taco, you are so clueless its funny... really funny. We passed "its sad" a while back..

9. protozeloz

Posts: 5396; Member since: Sep 16, 2010

cant you just pick it up from the oven? you don't have to call a pizza guy when you do delivery in another store... just saying

4. Alantef

Posts: 288; Member since: Sep 14, 2011

booo ya!

5. taco50

Posts: 5506; Member since: Oct 08, 2009

Btw I guess I should buy my phones from a company that's losing money so I know I'm not overpaying huh.

7. remixfa

Posts: 14605; Member since: Dec 19, 2008

a little logic taco. why do YOU care how much a company makes or loses? If your not getting a good VALUE for your dollar, you are spending too much, regardless of the company. Its not like if Apple does good you do good, or if Tmobile does bad it hurts you. Tmobile's bad quarters made it take the chance on droping their pricing lower than everyone else while maintaining the largest 4G network in the USA as well as it being nearly the fastest. Only a fool thinks that paying more automatically makes it better than something thats cheaper.

16. gp284

Posts: 120; Member since: Feb 25, 2012

hey im going back to your market share thing at the top but can you use that argument? there are only 5 or 6 iterations of the iphone, and yet they still have a huge market share, compared to the huge amount of of androids that are out there.

11. Atrixboyyy

Posts: 577; Member since: Nov 03, 2011

Funny that picture only shows apple hmm Samsung no where in sight oh it's iPA lol.

17. gallitoking

Posts: 4721; Member since: May 17, 2011

the Note was invited but was too big for the picture

12. Commentator

Posts: 3722; Member since: Aug 16, 2011

Nice to see HTC with 1%! Seriously though, this is a cutthroat business if only three smartphone manufacturers out of however many there are can turn a profit.

13. christianqwerty

Posts: 467; Member since: May 05, 2011

Good job Apple and Samsung! It's good that these companies are neck and neck so they both put out products to try and overtake each other. It's a win for us.

18. strikercho

Posts: 156; Member since: Mar 20, 2012

Actually it is not neck and neck, but more likely Apple's butt through Samsung's binoculars. :)

14. Dandy

Posts: 4; Member since: May 01, 2012

no,company always win not us. coz everytime they release a new product.they temp the buyer to buy it becoz it is much improve than the other device. So every time you buy a new phone becoz you know that that is the fastest device then after a months they have much faster device then after half a year your device is paste out. hahah.

15. maryaaadil

Posts: 146; Member since: Apr 07, 2012

Apple 'the king of marketing' as usual. Shocking no. for Android players....... :-(

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