Content area
Full Text
According to a recent article in Apple Insider, Apple is now taking in 94% of the smartphone profits globally. And this is happening despite the fact that the company only sells about 14.5 percent of the total volume of smartphones.
Meanwhile the situation among Android device manufacturers has become quite grim. Many of them can't make profits on their Android phones, despite flooding the market with various models.
A writer at The Verge recently explored the question of why Android manufacturers even bother to sell phones they can't make a profit from.
Vlad Savov reports for The Verge:
Here's a quick survey of the traditional Android device manufacturer landscape: Samsung is doing alright, LG and Sony could be doing better, HTC doesn't know what it's doing, and Motorola is done. Smartphones have grown to be the most essential piece of modern technology, and yet the industry manufacturing them has backed itself into a corner where only two companies, Apple and Samsung, are generating any reliable profit.
The quarterly earnings reports keep painting the same...