Entering text into the input field will update the search result below

Apple's dominance of profit almost complete

Jul. 13, 2015 2:58 AM ETApple Inc. (AAPL) StockAAPL, SSNLF, SSNNFBy: Yigal Grayeff, SA News Editor72 Comments
  • Apple (NASDAQ:AAPL) grabbed 92% of the operating profit of the world's top eight smartphone companies in Q1, financial firm Canaccord Genuity calculates, up from 65% a year earlier.
  • Samsung (OTC:SSNLF) took 15% in this year's period.
  • The reason why Apple and Samsung earned over 100% combined is because some rivals only broke even or lost money.
  • Apple's dominance of profit share comes despite the company selling under 20% of smartphones and because its devices are much more expensive than those of its competitors.
  • The story is similar in the PC industry, although not as extreme. Apple enjoyed over half of industry profits last year despite its Mac line taking a market share of just 6%, Bernstein Research estimates.

Recommended For You

About AAPL Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
AAPL--
Apple Inc.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.