Most of us would probably know that Apple make huge profits from their smartphone sales. But what is shocking is the amount of profit they make when you compare it to the entire smartphone industry. Apparently, Apple received 94% of all the profits generated in the smartphone industry during Q3 2015.
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While Apple had managed to rake in 65% of the smartphone industry’s operating income last year, this year it seems to have done even better as it has managed to take in 92% of all the profits made in the smartphone industry.
ZTE has announced that it is expected to nearly double its profits in 2014. The Chinese telecom equipment maker’s guidance issued for 2014 shows 94.2% higher net profit of 2.64 billion yuan ($424 million).
Samsung revealed its preliminary earnings guidance that it is expecting 37% decrease in profits for the Q4, 2014. The company stated that operating profit for the October-December period was estimated at 5.2 trillion won (USD 4.7 billion), down 37.4 per cent from the fourth quarter of 2013.
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Samsung just reported its Q2 earnings for 2012. The South Korea based company managed to rack up an operating profit of $5.86 billion which was largely due to growth in its smartphone segment. That’s a whopping 79% year on year increase.
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