Apple is taking 93% of the profits in the smartphone industry now - Business Insider

Profit different

"Apple is basically the only company making money from smartphones anymore. 

Every quarter, Canaccord Genuity analyst Michael Walkley takes a look at the state of the profits of smartphone companies. This quarter, Walkley found Apple had a record breaking 93% of the industry's profits.

Apple is always the leader, but for a short while, it looked like Samsung was going to catch Apple. Those days are long gone. Apple has blasted away from the pack."

Apple is taking 93% of the profits in the smartphone industry now - Business Insider