“Samsung shipped about 50 million smartphones last quarter — about double the number Apple sold and, according to IDC, the largest number of units ever shipped by a handset vendor in a single quarter,” John Paczkowski reports for AllThingsD. “But does it matter? No.”
“Because when you look at the broader mobile industry, Apple, thanks to the higher gross margins of the iPhone and iPad, far outshines its rivals in both revenue and operating profits,” Paczkowski reports. “Though it shipped only about 6 percent of the industry’s smartphones and tablets in the second quarter, Apple captured about 43 percent of the industry’s revenues, according to Raymond James analyst Tavis McCourt. And it generated an astonishing 77 percent of the industry’s operating profits. This, even in a seasonally weak period for iPhone sales.”
Paczkowski reports, “McCourt writes, ‘Until Samsung starts generating more profits than Apple, we would not be overly concerned with who has the unit share lead. Remember, HP and Dell still sell a lot more PCs than Apple sells Macs, but does it matter?”
The full article, with McCourt’s charts illustrating APple’s utter dominance, here.
MacDailyNews Take: In February of the is year, Asymco’s Horace Dediu reported that Apple, with a newer iPhone model, had 8.7% market share of the mobile market while reaping 75% of the profits. Now, pre-mnext-gen iPhone, it’s 6% of the market and 77% of the profits! Apple is moving like a tremendous machine!
[Thanks to MacDailyNews Reader “GetMeOnTop” for the heads up.]
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With 8.7% market share, Apple reaps 75% of mobile phone profits – February 3, 2012