92% of smartphone industry profits end up in Apple's bank account

92% of smartphone industry profits end up in Apple's bank account:

While Apple might not have the largest market share globally among smartphone manufacturers (that honor belongs to Samsung), the company does capture the vast majority of operating income in the industry. According to Canaccord Genuity, during the first quarter of the year, Apple received 92% of the operating income earned by the top eight smartphone makers globally. That was up from the 65% of operating income earned by Apple a year ago.



Samsung was next with a 15% share of operating profits. You might question how Apple and Samsung combined can equal more than 100% of the operating profits ...