Archive for November 2016
BMO Capital Markets reports that Apple, despite falling to 12% smartphone share, now accounts for almost 104 per cent of smartphone profits. This means that collectively all the Android smartphone makers make a loss.
Apple reported a profit of $USD45.7Bn for year to September 2016 on revenue of $215.6Bn. 2/3rds of Apple’s revenue comes from the sale of iPhones.
Clearly the largest Android smartphone maker Samsung which has 20% of the smartphone market is reported by BMO to make an operating profit of just 0.9% – not helped no doubt by the recent recall and subsequent scrapping of its Galaxy Note 7 product.
The IDC Worldwide Quarterly Mobile Tracker graph of the top five smartphone makers left shows the continued downward trend of Samsung and Apple and the rise of the big three Chinese makers.
If you are wondering about Vivo they have been around in Guangdong since 2009 and recently overtook fellow Chinese maker Xiaomi for 5th spot in the smartphone league. They supply mainly to the China and India markets – see Cnet information HERE.