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Apple remains most profitable phone maker

Written by Andre Yoskowitz (Google+) @ 05 Nov 2011 16:31 User comments (3)

Apple remains most profitable phone maker Despite Samsung's rise to top smartphone seller (by volume), Apple remains far and away the most profitable phone maker.
In the last quarter, Samsung took advantage of consumer's wait for the iPhone 4S and rose to the top volume seller of smartphones.

According to figures from Canaccord Genuity, Apple was the most profitable, collecting a whopping 52 percent of the industry's operating profits during the quarter.

Making that figure more impressive was the fact that Apple controls under a 5 percent market share in the global handheld market.

In order to be so profitable, Apple made "35 cents for every dollar of handheld sales," a number that was 110 percent higher than any competitor.

On the other end, Nokia continued its quickly accelerating death spiral while collecting just 4 percent of the industry's total operating profits with a much larger market share.

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3 user comments

15.11.2011 18:41

On the other end, Nokia continued its quickly accelerating death spiral while collecting just 4 percent of the industry's total operating profits with a much larger market share.

Hah. That gave me a chuckle.


"Cable thief is a victimless crime."

26.11.2011 6:29

It cant be hard to be the most profitable when your putting such a large margin on products because they have a little fruit logo on them..

36.11.2011 11:58

And making little to no change whatsoever to the actual mechanics of the device, other than what I would call obvious mechanical evolutionary moves. Otherwise, it was a virtual software only overhaul, sure I would say there is nothing but considerable room for a huge profit margin; sans the already fervent fan base for anything with fruit with a bite missing out of it.

This message has been edited since its posting. Latest edit was made on 06 Nov 2011 @ 12:01

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