Apple remains most profitable phone maker

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.

Written by: Andre Yoskowitz @ 5 Nov 2011 16:31
Tags
Samsung Apple profitable
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  • 3 comments
  • plutonash

    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."

    5.11.2011 18:41 #1

  • plazma247

    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..

    6.11.2011 06:29 #2

  • LordRuss

    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.

    http://onlyinrussellsworld.blogspot.com

    6.11.2011 11:58 #3

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