Recently, lots of reports regarding the iPhone have been coming out. Just yesterday, it was reported that Apple was the only phone manufacturer to see significant growth last quarter. Today, Asymco’s Horace Dediu, a former Nokia analyst, has published his latest calculations of revenue and profits in the global mobile phone industry. He reveals that Apple has increased its share of the top vendors’ profits to 75%. Now you would think Google’s Android, the “open” platform that is dominating in marketshare would be the platform that would be bringing in the most revenue, but they aren’t. Mind boggling isn’t? Oh, and guess what, Google’s still not making a dime off Android even to this day. It isn’t about who has marketshare, it about who’s generating the most money. In this case, it is Apple and they continue to dominate.
Apple reached 75% of profit share, nearly 40% of revenue share and 9% of units share.
Apple and Samsung combined for about 91% of profits with RIM third at 3.7%, HTC fourth at 3.0% and Nokia last at 1.8% of a $15 billion total for the quarter.
Copy-cat Samsung followed in second place with 16% of industry profits while no other vendor accounted for more than 4% of profits, while Apple brought in 75% of mobile phone profits with just 9% of units sold. Not bad, I say. Dediu’s anlaysis reports on eight top mobile phone vendors: Apple, Samsung, Nokia, Research in Motion, HTC, LG, Motorola, and Sony Ericsson.
While his report does not include a few major players such as China’s ZTE for which public numbers are not available, his analysis does give a solid picture of the industry. LG, Motorola, and Sony Ericsson all did not report any significant profits over the last few quarters. Speaking of Motorola, isn’t that the company Google’s acquiring for $12.5B? A company that’s not seeing significant growth!
According to Dediu’s report, Apple has held the top spot in profits for 13 quarters in row since overtaking Nokia.