Analyst estimates Apple has 86% share of smartphone industry profits
Canaccord Genuity's Michael Walkley said in a recent investor note that according to his research, Apple claims a whooping 86% of profits made in the smartphone industry. By contrast, Samsung was estimated to have 18%.
If that math seems weird there because the two added up to over 100%, that's because Motorola and Microsoft have been going through net losses. Meanwhile, HTC and BlackBerry effectively broke even, and LG had a modest 2% share of profits.
We all know Apple's profit margin is straight-up bananas, and this analyst note, though far from the final say in the matter, just goes to show that the trend isn't changing.
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