Three years ago, Apple made 73 percent of all profits in the smartphone sector, despite just having nine percent of global handset sales. But these days, Apple’s profits have soared to new heights.
As the Wall Street Journal reported on Monday, citing a new report by industry research firm Canaccord, in the first quarter of 2015, Apple took in 92 percent of the total operating income of the world’s eight largest smartphone makers. That figure jumped up from 65 percent during the same period in 2014.
Samsung is the world’s largest smartphone manufacturer as measured by units sold. According to market research firm IDC, it shipped 82.4 million phones during the first three months of 2015, compared to Apple’s 61.2 million.
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