Originally Posted by
pdxer
Nonsense.
Apple iPhone Grabs 104% Of Smartphone Industry Profit In Q3BMO Capital Markets analyst Tim Long estimates that Apple accounted for 103.6% of smartphone industry operating profits in the third quarter. Its share is over 100% because other vendors lost money in the business, resulting in Apple having more smartphone profit than the industry netted overall. In the year-earlier period, Apple grabbed 90% of smartphone profits, Long said in a research report Thursday.
Apple was No. 1 by a mile in smartphone operating profit in Q3. Among major vendors, Samsung was No. 2 in smartphone profits with a tiny 0.9% share, he said. Money-losers in the smartphone business last quarter included LG and HTC, Long said.
It's because Apple sells subpar hardware at premium prices. I work at Apple and refuse to buy any of their devices.
And I was referring to Apple/Samsung Pay profits, where Samsung has more, because Samsung sells more devices than Apple, and they have more acceptance than Apple. Apple Pay and Apple iphones are subpar products. Samsung pay works much better than Apple, and you can find much nicer and better spec'd devices than iphones. Even their laptops are junk compared to other offerings such as Microsoft. Their MacOS is also complete junk.