“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
