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Apple Takes 92 Percent of Smartphone Profits in Q1

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    #1

    Apple Takes 92 Percent of Smartphone Profits in Q1

    The bold below is mine. I think it's important to note the effect the cost of the device has on this figure. Interesting and impressive none the less.



    Since it released the iPhone 6 and iPhone 6 Plus in September, Apple has continued to dominate the smartphone market, taking in a whopping 92 percent of the industry's profits in the first quarter of this year, according to a new report from the investment advisory firm Canaccord Genuity.

    With Apple selling less than 20 percent of all smartphones worldwide, that figure reflects the price premium that the company's fans are willing to pay for its iPhones.

    Earlier this year, Canaccord Genuity put Apple's take of global smartphone revenues at 93 percent, so the latest sales Relevant Products/Services represent a slight drop. However, Apple is likely to continue enjoying a strong presence in the market for some time to come, according to the new report.
    Source: Top Tech News
    Tags: None
    #2
    *Waits patiently for Elysian to crap on this thread with something android related*
    No sig....

    Comment

      #3
      All this proves is how much they overcharge for their product.

      EDIT: And **** that company and their bullshit ****ing products.

      Comment

        #4
        It's the kind of thing you say when you want to move attention away from how far your market share has fallen. Even when Apple sells two out of every ten "smart" cell phones sold, they still look for ways to say, "But we're still the industry leaders! Yes we are!" Too funny.
        **It is well-known that I am incapable of mistakes, so if you encounter a mistake in anything I have written, then you can be sure that I did not write it!

        Comment

          #5
          Originally posted by WaltC View Post
          It's the kind of thing you say when you want to move attention away from how far your market share has fallen. Even when Apple sells two out of every ten "smart" cell phones sold, they still look for ways to say, "But we're still the industry leaders! Yes we are!" Too funny.
          To be fair, according to the study this speaks more about the user base than Apples marketing team, which I agree with you about by the way.

          As long as people are willing to pony up that much cash for a product, we're going to see reports like this, and I appreciated this article because it calls exactly that out as bolded in the OP.

          Full disclosure: I'm one of those who spent that cash for a 128Gb 6+. I got mine because the software I need is only developed for iOS, but I have to admit I like the device as well.

          Comment

            #6
            Holy over charging batman. But apparently the fans are willing to pay that price, so good for Apple.
            After experiencing what apple phones are like(got one for my wife, we regret it, damn hype), I will never understand why people are willing to pay so much for them.
            Originally posted by David O. McKay
            The home is the first and most effective place to learn the lessons of life: truth, honor, virtue, self control, the value of education, honest work, and the purpose and privilege of life. Nothing can take the place of home in rearing and teaching children, and no other success can compensate for failure in the home.
            Originally posted by Albert Einstein
            Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.

            Comment

              #7
              Originally posted by Eisberg View Post
              I will never understand why people are willing to pay so much for them.
              People on contract aren't likely to notice the extra 5-10 euros/bucks per month compared to other brands.
              :: We are all the sum of our tears.
              :: Too little and the ground is not fertile and nothing can grow there.
              :: Too much and best of us is washed away.

              Comment

                #8
                Its a status symbol, people get it because all he celebs and cool people buy them. I know many iPhone users that don't use even 1/2 of the features or speed, only buy it because its the 'cool' thing to have.

                Now saying that, I still love my iPad miniR, all the games and stuff work flawlessly on it, though I still feel like i'm trapped in a box with that super restrictive UI/OS

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