Samsung Gobbles 95% of Global Android Smartphone Profits in Q1
May 16, 2013 9:38 AM
comment(s) - last by
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.
This article is over a month old, voting and posting comments is disabled
5/16/2013 4:55:37 PM
I like Samsung's hardware but their software sucks...
I still use a basic cell phone, and while Samsung basic cellphones usually are very well built in comparison to others I have, their software for the phones suck. I had a Sanyo cell phone that while the hardware wasn't as good, the software was nice and well laid out, I later switched out to a Samsung phone and realized that the software was not as intuitive as the Sanyo phone. I'd probably go back with a Sanyo phone, if I had a choice.
"Folks that want porn can buy an Android phone." -- Steve Jobs
Retiree Sues Apple For $7,500 for Wiping Honeymoon Photos From His iPhone
November 30, 2015, 10:23 AM
iPhone 7 May Pack 3-4 GB Memory, More Storage; 4-Inch Comeback is Rumored
November 20, 2015, 10:12 PM
OnePlus One, OnePlus 2 Will Receive Android Marshmallow in Q1 2016
November 16, 2015, 9:58 AM
Lenovo Whoa: Motorola Droid MAXX 2 and Turbo 2 Break Cover in Leaks
October 26, 2015, 3:12 PM
Leak: Apple Preps for First Real Android App Foray With New Apple Music App
October 24, 2015, 1:59 PM
Pepsi Smartphone? Empty Calories Coming Soon to the Midrange
October 12, 2015, 11:41 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information