​Apple takes 89 percent of all smartphone profits worldwide

A record quarter following the launch of the iPhone 6 and iPhone 6 Plus has left Apple in control of nearly all profits in the smartphone business.

Google's Android OS might dominate smartphone market share, but for all the volume, Android OEMs are battling out over a rapidly shrinking share of profits in an industry where that has seen them grow significantly over the past year.

According to Strategy Analytics, with $18.8bn in operating profits for Q4 of last year, Apple took a record-breaking 89 percent share of the $21bn the smartphone industry made in profit that quarter.

While Apple's premium pricing combined with strong sales of iPhone 6 and iPhone 6 Plus helped drive its share of profits, Android handset makers slid to just 11 percent of all profits made by the industry, down from 29 percent in the corresponding quarter a year ago.

Over the period, Android handset makers' total profits declined from $4.8bn to $2.4bn.

 

 

 

 

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