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...
5/17/2013 2:52:02 AM
Lost sales are in the low end, and this has all been at the expense of other Android manufacturers (HTC, Motorola, LG). Even the flagship GS3 is a relative niche for Samsung, it only makes up a quarter of their sales and is still outsold by the iPhone (which continues to grow) by a wide margin.
No big deal, buy what you like and what works well. The only companies this has been at the expense of are HTC, RIM, Motorola, and Nokia. HTC has been hit hardest of all, it is kind of unbelievable how hard their marketshare has tanked while Samsung has done so well. Hopefully the One can turn it around, its really nice hardware.
"Google fired a shot heard 'round the world, and now a second American company has answered the call to defend the rights of the Chinese people." -- Rep. Christopher H. Smith (R-N.J.)
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