Mobile phone market hits ‘the great moderation’
Apple and Samsung continue to soak up all the industry’s profits, McCourt says. Apple claimed 87.4% of phone earnings before interest and taxes in the fourth quarter, he said. Samsung took in 32.2% of industry profits. Because their combined earnings were higher than the industry’s total earnings as a result of many vendors losing money in Q4, Apple and Samsung mathematically accounted for more than 100% of the industry’s earnings.
Analyst: Apple Took 87 Percent of Phone Handset Profits Last Quarter | Daring Fireball
The rest of the industry is bleeding money.