This one report really defies all logic and explains how Apple is master not only in making the finest products but also are equally talented in selling them too. Apple according to a report by Canaccord Genuity analyst Mike Walkley, has just 4.2 % share in the smartphone market but generates about 52 % of the total profit.
Apple has shipped only 4.2 % of the smartphone is the Q3 of 2011 and made 52 % profit which is however down from the quarter in which Apple had about 56 % but according to trade experts this number will rise even more and we can expect Apple gaining some more points after the launch of the immensely successful iPhone 4S.
Apple generated a remarkable 52% value share of estimated Q3/C2011 handset industry operating profits among the top 8 OEMs,” Walkley wrote in a research note on Friday. “With only 4.2% global handset unit market share, it is remarkable Apple captures more than 50% of industry profits.
While Samsung made about 29% of profit which is more than 18 % which Samsung had made last year. HTC and Nokia have 9 % and 4 %. Canadian giant RIM has a total 7% share which is less than what RIM had in previous quarter.
Something even worth noting is that when iPhone was launched initially in 2007 , Apple had 4 percent of the market, but Nokia had 67 percent of the industry’s profits. Now Nokia has about 4 % share and Apple makes more than half of the profits.
This latest reports confirms that how Apple and Samsung together have become the biggest names in the smartphone market with total profit share of more than 80 % of the profits.