Apple’s Share of Smartphone Profits Climbs to 92% [Chart]

While about 1,000 companies make smartphones, Apple reaps nearly all the profits, according to estimates from Canaccord Genuity. Apple took 92% of total operating income from the eight top smartphone makers in the first quarter. Samsung took 15%. The two companies account for more than 100% because the other makers either broke even or lost money.The news comes as Apple is reportedly placing a record breaking order for its next generation iPhone with suppliers and Microsoft announced a $7.6 billion dollar write off on its acquisition of Nokia Devices and Services.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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