The Wall Street Journal said Apple raked in 92% of all smartphone industry profits in Q1 2015. Last year, it was 65% of the industry’s operating income.
Samsung came behind Apple with 15% of all the industry profits during the quarter. The two tech giants account for more than 100% if all profits, because most of their competitors have lost money or simply broken even during the period.
Surely high prices are important factor here. Average smartphone is $200 cheaper than iPhone.
The Wall Street Journal hasn’t factored in sales data from privately owned companies such as Xiaomi and Micromax.
