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Latest Strategy Analytics data shows Apple captured record 91% of smartphone industry profits during Q3
Strategy Analytics is today out with a new report dissecting the profits of the mobile industry during the third quarter of 2016. The report estimates that the mobile industry took in operating profits $9.4 billion during the quarter, with Apple capturing a “record” 91 percent share of those profits…In doing the math, Apple recorded $8.5 billion in profit from mobile industry sales during the third quarter of 2016, which consists of July through September.Strategy Analytics director Linda Sui attributes Apple's continually strong profit maximization to its finesse the relationship between pricing and production cost.
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