Apple and Samsung accounted for 88% of mobile phone profits in the last 6 years

[Guest Brad Reed]

If you want to see how utterly futile it is for companies other than Apple and Samsung to make money selling mobile phones, look no further than the numbers posted by Asymco's Horace Dediu that chart the profit share of smartphone manufacturers for the past six years. According to Dediu, the mobile phone industry generated $215 billion in net operating profits over the past six years and Apple and Samsung combined to devour 87.9% of them.

 

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Via BRG - Boy Genius Report