Samsung tops Apple in smartphone revenue for Q1

Samsung tops Apple in smartphone revenue for Q1
When it comes to profiting from smartphone sales, Apple remains on top. But look further up the P/L sheet to revenue and you'll find that for Q1, Samsung brought in more smartphone related revenue than Apple did. The Korean based Samsung took in $23.62 billion from smartphone sales from January through March. That was a gain of $952 million from the fourth quarter of 2012, when Apple overtook Samsung in revenue. Apple's top line showed iPhone sales of $22.95 billion for Q1, a drop of $7.71 billion sequentially. The change in position was attributed to heavy demand for Samsung's LTE enabled top-shelf models.

With $3.64 billion in first quarter smartphone sales, Nokia was third, followed by LG's $2.95 billion in smartphone revenue. LG was helped during the period, by strong sales of the LG Optimus G.

When it comes to operating income ratio, Apple is on top. This is a quick and dirty way to see which company is making the most money for each dollar of revenue. Apple's ratio was 31% followed by the 21.8% earned by Samsung.

source: YonhapNewsAgency via BGR

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33 Comments

1. pokharkarsaga

Posts: 545; Member since: Feb 23, 2012

I have also read in engadget & gsmarena that Samsung beats Nokia in smartphone sales in its own hometown Finland.

10. Mxyzptlk unregistered

Samsung has a thousand different devices where many of them are mid range to low range devices. Apple actually makes more profit per volume than Samsung does when you break it down more. It's better to go with analysts who actually know what they're talking about and analyzing.

12. sum182

Posts: 229; Member since: Nov 19, 2011

Quoted from the last paragraph "When it comes to operating income ratio, Apple is on top. This is a quick and dirty way to see which company is making the most money for each dollar of revenue. Apple's ratio was 31% followed by the 21.8% earned by Samsung." So 1) Learn to read, its in the article above and 2) Your only solidifying how overpriced their stuff is.

18. PhoneArenaUser

Posts: 5498; Member since: Aug 05, 2011

"Samsung has a thousand different devices where many of them are mid range to low range devices. Apple actually makes more profit per volume than Samsung does when you break it down more." Things you have said nohow changes the fact that Samsung tops Apple in smartphone revenue for Q1. "It's better to go with analysts who actually know what they're talking about and analyzing." About what analyzes you are talking about, there is nothing to analyze since it is factual report of first quarter.

19. SleepingOz unregistered

If I remember, last time, when analysts said Samsung sold more GSIII than Apple did with its ip5, you came with the excuse that Apple still makes more money. Now, it's "Apple actually makes more profit per volume..". Nobody cares! You're not the one who's going to enjoy Apple's money anyway..

27. quakan

Posts: 1418; Member since: Mar 02, 2011

Couldn't the same thing be said about fandroids that rave about Androids' sales, market share, daily activations, profit, and revenue? What did you say? Oh you said I'm completely right? Well I like that we can agree.

32. jroc74

Posts: 6023; Member since: Dec 30, 2010

Lets not forget in the fanboy wars...iPhone, Apple fanboys threw the first stones back in 2008, 2009, 2010. Now thats Android has grew in popularity......the fanboy wars arent so one sided anymore.

33. quakan

Posts: 1418; Member since: Mar 02, 2011

I'd say it was a pretty even war at that time. Apple fanboys raved about sales and it being exclusive to ATT while fandroids raved about what "Droid Does".

20. Whateverman

Posts: 3295; Member since: May 17, 2009

Yeah, umm... I don't think that helps Apple's image at all. iPhone users are basically paying more money for a phone that does less. Hopefully, the next iPhone will be a winner but this year has been one Android beast after another and all I hear is crickets from Apple. Even Nokia is kicking the iPhone around. It's sad when mid range Androids and WP devices can offer the same experience as Apple's flagship. Apple has to regroup before the loyal fans wake up. No hating, just my view as an Apple fan myself.

26. jroc74

Posts: 6023; Member since: Dec 30, 2010

If Samsung were to ever make more per profit per volume...what will the excuse be then? "Samsung has a thousand different devices where many of them are mid range to low range devices." 1. I thinks its a lil less than a thousand. 2. Thats makes what Samsung doing even more newsworthy...because ppl have to choose a Samsung phone for it to happen. Samsung isnt the only OEM with mid range and low end phones. Even some new WP are starting at $99....

31. willard12 unregistered

You do realize that you are saying that apple charges a lot for a cheap device , right?

2. Whateverman

Posts: 3295; Member since: May 17, 2009

Yet they all think corporate taxes should be lower! (I'm just saying)

3. sum182

Posts: 229; Member since: Nov 19, 2011

Wow....nokia was third with 20bil less in sales......thats scary how big apple and sammy are compared to everyone else.....

4. Captain_Doug

Posts: 1037; Member since: Feb 10, 2012

Too big if you ask me. There needs to be more balance. Other OEMs need to step it up.

8. sum182

Posts: 229; Member since: Nov 19, 2011

If nokia stepped into android they could close the gap a good bit i think. I just wont buy a windows phone because i will not support a company like MS, but I would love to have a Nokia. Though, as the reports says, MS actually makes more from android....its a sad love/hate triangle...square...polygon between the companies lol

9. rahulz

Posts: 117; Member since: Feb 25, 2013

I understand hate towards MS i also don't like some of their activities like highly bash talking toward competitors and ofcourse scroogle campaign etc

24. Captain_Doug

Posts: 1037; Member since: Feb 10, 2012

I think Nokia could help too but I'd rather see companies like Pantech and Huawei figure out how to play the game(here in the US) and others like Sony and HTC recover. Motorola has been so stagnant lately and they really could take the smartphone world by storm if they had another hit. Here's hoping...

5. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

Remind me again why there are so many Sammy haters these days...

11. Mxyzptlk unregistered

Continues to use plastic build for their flagship phone despite people wanting better materials Many reported build quality issues especially with the Galaxy SIV TouchWiz has basically taken over half the storage space in the SIV There's also many other issues both minor and major that people hate Samsung for.

14. bachir8k

Posts: 153; Member since: Feb 25, 2013

And still the SIV is widely preferred over the IP5, I wonder why...

15. HouTexan

Posts: 461; Member since: Jan 08, 2012

Let's not list all the issues people have had with the iphone 5. Get real.

16. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

Baaaaa...baaaaa And who said they wanted better materials except for some people on a few tech websites...because the way I see it the 10million which have bought it already see otherwise! None more than the iPhone! Really....check your facts Like what... All your points invalidated...now good bye *bows*

21. tedkord

Posts: 17136; Member since: Jun 17, 2009

Let's not forget the real reason people like you hate Samsung. They're winning. The consistently sell more than Apple. Their share of the profits had skyrocketed as Apples has dwindled. Their flagship phones get better ratings than the iPhone. Now, they're bringing in more money than Apple. That's the actual reason.

23. number29

Posts: 185; Member since: Jan 25, 2013

People hate hate hate to see successful companies. It's nice to finally see attention switch away from Apple to someone else so those of us who use iPhones can continue to do so in relative peace while everyone rips Samsung a new A.

25. tedkord

Posts: 17136; Member since: Jun 17, 2009

I will continue to rip Apple until the litigious douchebaggery stops.

29. TROLL

Posts: 4851; Member since: Apr 13, 2012

They don't deserve to be around more like ®

6. rahulz

Posts: 117; Member since: Feb 25, 2013

Wow apple and Samsung is really gigantic and the gap between second & third is huge. Seems like a duopoly.

28. quakan

Posts: 1418; Member since: Mar 02, 2011

Don't tell anyone I told you this but Apple and Samsung are working together (in my whispering voice).

7. InspectorGadget80 unregistered

Some good news for a change. well done samsung

13. jmoita2

Posts: 930; Member since: Dec 23, 2011

Apple's time has passed. They simply can no longer compete with Samsung spectswise. I see more and more friends and family making the switch from the iPhone and getting awed by the latest Samsung product. Just saying...

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