Samsung Gobbles 95% of Global Android Smartphone Profits in Q1
May 16, 2013 9:38 AM
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Samsung dominates the Android market
Samsung is destroying all other competitors in the Android smartphone market with the popularity of its devices. A new report is in from Strategy Analytics that shows during Q1 of 2013, Samsung captured 95% of global Android smartphone profits.
Strategy Analytics reports that total smartphone profits during the quarter reached $5.3 billion according to estimates. The research firm also says that the Android platform accounted for 43% of the entire smartphone industry's operating profits.
Samsung is estimated to have generated $5.1 billion in operating profit around the globe during Q1. Strategy Analytics says that Samsung owes the massive share of profits it grabbed to its efficient supply chain, sleek products, and effective marketing.
LG was in second place with a mere 3% of the global profit share. The research firm estimates that LG generated operating profits during Q1 of $0.1 billion leaving all other Android device makers to fight over the $0.1 billion that was left.
Strategy Analytics believes that Samsung is such a heavyweight in the Android smartphone market that it could use its power to request first or exclusive updates for Android software before rival manufacturers.
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5/16/2013 11:10:07 AM
I don't know, in my mind this is probably why I would support HTC this go around. It's not that the GS4 is a bad phone and the One is the end all be all, but without the competition we end up with so many problems.
I companies (and governments for that matter) to be agile and lean. When they get large, they get pompous, slow to respond to changes in society and the needs of the consumer. Take a look at Microsoft. Even Apple is starting to be the same way.
Technology moves to quickly to create a one supersized company. Just my thoughts.
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