How Apple Sucks the Profit Out of Mobile Phones
Here’s an interactive bar chart that will give you a sense of how thoroughly Apple dominates the premium end of the mobile phone market, where most of the money is made:
To get a feel for what’s going on, click back and forth between the two views--market share and profit share. With 17.2% of the smartphone market in 2015, Apple captured 91% of the profit. Samsung, with 23.9% of the market, took 14% of the profit.
Canaccord Genuity analyst Michael Walkley, who posted this data last week, has been monitoring the situation for several years. His numbers aren’t perfect. He’s comparing smartphone market shares with mobile device operating profits, and only where they are available. (Chinese manufacturers are not required to disclose profits, so they don’t.)
Subscribe to Data Sheet, Fortune's daily newsletter on the business of technology.
Sharp-eyed readers will note that Apple and Samsung shared 105% of the profit last year. That’s because so many of their competitors lost money.
For more on Apple, watch:
Apple, however, just keeps clearing the table. It took 91% of what Walkley calls the mobile market’s “value share” in four of the past five quarters. In the fifth, it took 93%.
See original article on Fortune.com
A 160-Year-Old Atlas Company Is Bringing New Tech to Old Cars
Bad Things Happen After Setting Your iOS Device's Date to Jan. 1, 1970
