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Apple Captures Record 91 Percent of Global Smartphone Profits: Research (cnbc.com)
Apple has captured a record share of profits in the global smartphone industry in the third quarter, according to new research, despite grappling with falling iPhone sales. From a report on CNBC:Third-quarter smartphone operating profit reached $9 billion globally of which Apple took 91 percent of the share, Strategy Analytics said in a note on Tuesday. This amounts to $8.19 billion for the U.S. technology giant. Apple has the highest profit margins in the smartphone industry thanks to a loyal brand following and the ability to price its iPhones at a premium. And the figures come even after Apple reported three straight quarters of iPhone sales declines. Sat a long way behind Apple is China's Huawei which managed to grab 2.4 percent of global operating profit share in the smartphone market, accounting for $200 million, according to Strategy Analytics. Chinese start-up brands Vivo and OPPO are in third and fourth place, both capturing 2.2 percent of global smartphone profit each.
You DO NOT want the company you are buying things from to make record profits.
It means that they are taking a higher percentage of your money than any of their competitors.
You might want the company to have the greatest sales figures (not true of Apple), or the greatest proportional re-investment (not true of Apple), or the greatest customer base even (not true of Apple).
But, like walking through Las Vegas... all that show and money to blow on things comes from one source... people like you paying over the odds for their products.
Mods: Insightful?!? Really? I see plenty of Hate; but Where is the INSIGHT?
You might want the company to have the greatest sales figures (not true of Apple)
Citation, please?
[...] or the greatest proportional re-investment (not true of Apple)
Citation, please?
[...] or the greatest customer base even (not true of Apple)
Citation, please?
Be careful: We're talking about BRANDS, not PLATFORMS here.