“Together, Apple and Samsung accounted for 103 percent of mobile phone profits in 2012, a number made possible because of losses incurred by rivals Motorola, Sony and Nokia,” Neil Hughes reports for AppleInsider.
“Apple took a commanding 69 percent of handset profits last year, more than doubling the next closest company, Samsung, which accounted for 34 percent,” Hughes reports. “Together, that gave the two companies more than 100 percent of the industry’s profits, according to research released on Wednesday by Canaccord Genuity.”
Hughes reports, “Apple’s share of the industry’s profits were even greater in the fourth quarter of 2012, when the company launched its latest flagship handset, the iPhone 5. In the holiday quarter, Apple took 72 percent of the industry profits, while Samsung’s share slid to 29 percent.”
Read more in the full article here.
MacDailyNews Take: You know, because Apple is doomed, doomed, doomed! 😉
(And the only thing that saved Samsung’s handset business – temporarily, we hope – was blatantly knocking off Apple’s revolutionary iPhone.)
[Thanks to MacDailyNews Readers “Dan King” and “Fred Mertz” for the heads up.]
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If they don’t put out a cheap iPhone and a 5″ iPhone and a 4.5″ iPhone and a 6″ iPad Nano, they are totally f’d.
How is that thermonuclear war going apple?
Don’t answer me please, don’t make me look like a fool in front on my fandroids… they are very happy just with market share, no matter we are losing in every other single ground 🙁
Apple is not competing with Samesung or Android in the Commoditized Android Market.
Samsung is crushing the android market. no one else can make any money because Android phones are commoditized and Samsung owns that market because Sony, HTC, etc. can’t or won’t add enough value to SameDroid to turn a profit, because they are competing on price in a commoditized market.
Continuing a bit with today’s them of Apple is doomed, does it strike anyone as two-faced that Wall Street considers Microsoft successful because they have these money-printing products in Windows and Office, yet Apple’s money-printing products garner no support from Wall Street?
@ MDN Take, and dumping billions of dollars into advertising & promotions.
They both stole and “bought” every single point of that market share.
That is only for phone sales – Apple sells all the stuff you put on the phone too ie: more money
Really! 103% of ___? And “… more than 100 percent of the industry’s profits …” No wonder these idiots have know idea of what Apple is shipping or earning. 100% is the total market. There is no 103% of the market!
Clueless idiots. And investors invest their money based on your many pearls of wisdom.
Idiots!
I think the weak point they’re trying to make is that the combined profits of the 2 companies is greater than 100% of the total profits for the industry.
Company 1 Profit = $1m
Company 2 Profit = $2m
Company 3 Profit (loss) = -$500k
Total Industry Profit = $2.5m
Company 1 % 2 Profits = $3m vs total profit for the industry £2.5m. Don’t get me wrong, a piss-poor metric but strikes a note on webpage headlines.
Doesn’t matter, does it? AAPL still stuck at $400 – continuing to promote how high Apple profits are, or how many units of gadgets they are selling, or how great the quality of those gadgets impressing no one on Wall Street. When people start hearing the message from investors, maybe something will change. That message is this: Tim Cook can’t lead this company.
Let us applaud for the fact that we pay to much! Apple invest it, bring down the salarys of your top earners, make the product cheaper.