Tech content trusted by users in North America and around the world
5,688 Reviews & Articles | 36,222 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

Apple scoff down mobile industry revenue

Apple are completely dominating mobile industry revenue, enjoying a hefty 77% of the industry's oper

| Business, Financial & Legal News | Posted: Aug 7, 2012 9:29 am

Even though Samsung sold close to double the smartphones that Apple did last quarter, with 50 million sold, which is the largest number of units ever shipped by a single vendor in a single quarter, Apple are still absolutely kicking the asses of the competition when it comes to the industry's operating profits.


TweakTown image news/2/5/25189_10_apple_scoff_down_mobile_industry_revenue.jpg


Apple have much higher gross margins on their iPhone and iPad's, which completely eclipses its rivals in both revenue, and operating profits. Apple only shipped around 6% of the industry's smartphones and tablets in Q2, but they took a surprising 43% of the industry's revenue, according to Raymond James analyst Tavis McCourt. Apple also generated an absolutely huge 77% of the industry's operating profits, even in a seasonally weak period for iPhone sales.


So, now we find ourselves in a position of weirdness with competitor Samsung. The Korean-based company outsold Apple's ever-so-popular iPhone two-to-one, and still couldn't touch Apple's insane grab of industry operating profits. But, things can change quickly, and all it takes is a single release from a company (a new, surprising, 'magical' iPhone), or a constant stream of releases (Galaxy phones that continue to sell more and more) to turn things around.


We should take into consideration that Apple failed to meet analysts expectations for iPhone sales, dropping from 35.1 million sales Q2 2012 quarter, to just 26 million in Q2 2012. Apple blamed the lacklustre iPhone sales on rumors of the new iPhone, but close to the same time, Samsung reported surging sales on their flagship Galaxy S III, surpassing 10 million sales. Apple's next few quarters are going to be interesting, but these latest numbers are something to be surprised about, that's for sure.


Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below