“There are over 1,000 smartphone manufacturers in the world, but Apple is still taking the lion’s share of profit from the smartphone industry,” David Curry reports for BetaNews. “A report from Canaccord Genuity claims Apple took 92 percent of all profit in Q1 2015, with Samsung the only other manufacturer hitting 15 percent profit.”
“Apple sells each iPhone at $624 (£401) average, while Android devices have an average sale price of $185 (£119),” Curry reports. “[Apple sold] 74 million iPhone sales in the first quarter, beating the entire Samsung mobile range in overall sales.”
“This puts manufacturers like HTC, Lenovo and Huawei in an awkward middle ground position,” Curry reports, “where they’re not seen as premium brands like Apple or cheap brands like Xiaomi or Micromax.”
Read more in the full article here.
MacDailyNews Take: Total domination. We love when South Korean rags tag Samsung as “the world’s largest smartphone maker.” It makes us laugh every single time.
SEE ALSO:
Apple’s owns 92% of smartphone industry’s profits – July 13, 2015
Poor man’s iPhone: Android on the decline – February 26, 2015
Study: iPhone users are smarter and richer than those who settle for Android phones – January 22, 2015
Why Android users can’t have the nicest things – January 5, 2015
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Android users poorer, shorter, unhealthier, less educated, far less charitable than Apple iPhone users – November 13, 2013
IDC data shows two thirds of Android’s 81% smartphone share are cheap junk phones – November 13, 2013
CIRP: Apple iPhone users are younger, richer, and better educated than those who settle for Samsung knockoff phones – August 19, 2013
Newsflash: Apple sells premium products at premium prices to premium customers – October 23, 2012
The initial paragraph isn’t quite clear, since 92 and 15 percent don’t add up to 100. It sounds as if the analyst is combining two calculations: Apple has 92 percent total smartphone market profit; while Samsung achieved only 15 percent profit for the quarter from its smartphone sales.
92 + 15 = 107
That means that Apple and Samsung? took money from other manufacturers when they lost money.
The other smartphone manufacturers are either breaking even or making a loss, hence the total from Apple and Samsung of over 100 percent.
In orger words, add all the profits and losses from smartphones together, then calculate what percentage is Apple’s (and Samsung’s) share.
It is amazing that so many others are making so much losses. Then again, all it takes is one Blackberry and one Microsoft with their billions in losses to skew the numbers down. Still, 92% is a huge chunk of that global pie.
Do keep up at the back. Somebody raises this point about the profit adding up to more than 100% every time that smartphone profits are reported where some manufacturers report large losses.
Scamskunk – worst largest manufacturing-to-warehouse-to-landfill contributor.
I love the stat that iPhones outsell Samsung phones in South Korea.😃
I’m amazed at some of the comments below the sourced report claiming that people buying iPhones are stupid and naive thinking the phone only cost $200. News Flash – it’s 2015 and I think the vast majority know by now that the iPhone is subsidize in some countries. The reason why people are increasingly flocking iPhones is because of value:
1. The vast majority of malware is on Android phones. This means it’s unwise to do any financial transactions on any Android phone. It’s also a bad idea to talk near an Android phone, especially if the topic is politics. I have had Android users tell me that they are protected because of virus software, but virus protection will not protect again flaws in the OS that are fixed in the future with systemwide updates.
2. Google collects almost everything done on the phone and sells this information. In contrast, Tim Cook has made it a priority that a user’s privacy is very important to Apple, and, as a result, little information is shared.
3. Android phones can never be wiped clean. This means it’s unwise to resell, giveaway or lose any Android phone unless the user wants their text messages, pictures and videos made public. All iPhones can be wiped and resold without issue.
4. The manufactures of Android phones sometime put their own user interface and other software on the devices. Sometimes this causes less than optimal performance, like lag. Apple makes the phone and the user interface which means everything is integrated and tested. There is no need for any additional skins or UI elements on the iPhone. The iPhone works as designed.
5. Phone carriers install their own software on Android phones. In most cases, this software can not be deleted and might confuse users. In contrast, there is no extra phone carrier software on iPhones.
6. Updates to the Android operating system take many months to arrive on devices. Sometimes a device will never get the update. One of the reasons is because carriers and the manufacturers have to be sure their software will work with the new update. Not receiving the update in a timely manner will harm some users because many times the update fixes holes in the OS that prevent viruses from attacking the phone. Users on iOS can install an update as soon as it is released.
7. Many apps don’t work properly on Android, especially after an update. There are thousands of Android devices, and it’s impossible for an app developer to test each configuration. Developers that make apps for the iPhone only have to test a few configurations. This means there are far less chances for bugs on an iPhone.
8. Many Android phones are built with cheap components and are engineered poorly, which means the phone could break. Apple sources the best components and has the strictest quality standards. This means iPhones can last for many years without issue.
9. The customer service with Android manufacturers is horrible. Last time I called Samsung it took about an hour to reach the right person. The most i have had to wait with Apple customer service is about 5 minutes. I had a problem with my iPhone 5 and Apple fixed the issue at no charge. My Dad had an issue with his 4s and Apple replaced the phone.
10. The innovation with the iPhone is far superior to any Android phone. The Touch ID is a breeze to use, the phone is faster than most devices. This means better game play, faster web page loads, faster app switching, etc. The screen is vibrant and doesn’t hog the battery. My cousin had a newer Amazon tablet and the screen was practically black. I asked her why the screen was so dark and she said because the battery couldn’t handle a bright screen. Additionally, the pictures the iPhone takes are far superior to most other phones. Apple has Apple Pay, Apple Music, Home Kit, Car Play, Research Kit, Air Play over an Apple TV, and a fully integrated ecosystem of smart watches, tablets, laptops and desktops where everything works in concert.
It’s obvious that the iPhone is the value choice and this is the reason why Apple is gaining Android users and dominating smartphone profits.