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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RE: Not to mention...
5/16/2013 10:29:21 PM
Apple cannot do everything, otherwise there would only be IBM by now...8-).
Apple is trailing in the OS department and trailing in the hardware department and the signs are showing that they are not "innovating" fast enough, they are being out-"innovated" by everyone else and 2nd best or soon 3rd best if MS has anything to say about it. The smartphone/tablet market is extremely volatile, and Apple needs to move a lot quicker, otherwise Apple devices will become another niche product.
RE: Not to mention...
5/17/2013 8:06:36 AM
Totally agreed. It's got to be hard for even the die hard fanboys to not see that at this point.
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