Apple Now Claims 73% of Global Mobile Profits

According to an analysis of top mobile vendors reported earnings by Horace Dediu of Asymco, the total operating profits from all mobile devices remain below $6 billion per quarter for years until the release of the iPhone 4.

Mobile profits

However, in the past two years, mobile profits have seen an increase from $5.3 billion at the start of 2010 to $14.4 billion over the most recent quarter. The leader in mobile profits has always been Apple. In fact, Apple is claiming majority of all profits despite only selling a small percentage of mobile devices. Wait a minute, but I thought marketshare means everything! Nope, all that matters is the money, and Apple’s dominating there with only 8.8% unit share.

While Apple claimed 73% of mobile profits, Samsung has continued to remain the only other major phone maker to continue to make profit since the release of the iPhone. Yeah, making money by stealing. That’s the key.

Among the other six vendors, only HTC managed to turn out a profit, taking 1% of the total industry profits. Research in Motion, LG, Sony Ericsson, Motorola, and Nokia each were not able to turn a profit on their handset businesses.

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Parth Dhebar

Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.