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

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51 Comments

1. jaytai0106

Posts: 1888; Member since: Mar 30, 2011

Damn...

52. TheMan

Posts: 494; Member since: Sep 21, 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?

2. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Holy Jesus what did I just see?

3. jaytai0106

Posts: 1888; Member since: Mar 30, 2011

Domination...

4. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Sony has a big Cheerio next to it. :/

5. Felix_Gatto

Posts: 942; Member since: Jul 03, 2013

Not RIM, but Blackberry.

22. g2a5b0e unregistered

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

36. mrblah

Posts: 577; Member since: Jan 22, 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: 10457; Member since: May 14, 2012

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

9. Sauce unregistered

Lolll

37. mrblah

Posts: 577; Member since: Jan 22, 2013

Anyone with an android.

42. PapaSmurf

Posts: 10457; Member since: May 14, 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: 36; Member since: Jul 02, 2013

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

18. Sauce unregistered

They do not not mean anything.

23. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 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: 1798; Member since: Jan 07, 2014

Lets see how the next six years has in store.

49. Amir1 unregistered

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: 5192; Member since: Oct 28, 2013

So nokia did better than htc and others hmm interesting.

47. PeterK.

Posts: 314; Member since: Nov 13, 2013

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

40. mrblah

Posts: 577; Member since: Jan 22, 2013

Apple is unbeatable!

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