Apple and
Samsung accounted for 88% of
mobile phone profits in the
last 6 years
If you want to see how utterly futile it is for companies other than
Apple and
Samsung to make money selling
mobile phones, look ** 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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