Apple captured 540% the profits of Samsung Mobile in 2016 as China's phone makers battled for scraps
AppleInsider
Apple's iPhone continued to grab the vast majority of smartphone profits globally, due to poor performance by Samsung and largely profitless production of massive numbers of lower end models by several companies in China. Numbers reported by The Korea Herald from Strategy Analytics estimated that of the $53.7 billion in operating profits generated by the entire global smartphone market, Apple took $44.9 billion. The firm stated that Samsung Mobile posted operating profits of $8.3 billion, Read the full story
Shared from Apple News
~KLM
\ "The one who follows the crowd will usually get no further than the crowd. The one who walks alone, is likely to find himself in places no one has ever been." ~ Albert Einstein //
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Posted by: Kris Murray <krismurray@gmail.com>
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