Apple (AAPL) and Samsung continue to soak up all the industry's profits, McCourt says. Apple claimed 87.4% of phone earnings before interest and taxes in the fourth quarter, he said. Samsung took in 32.2% of industry profits. Because their combined earnings were higher than the industry's total earnings as a result of many vendors losing money in Q4, Apple and Samsung mathematically accounted for more than 100% of the industry's earnings.
Share of profits make no sense. At least % numbers where technically you only include positive profit numbers.
It sounds good, but the only gleaned from this number is that saying that Apple and Samsung are profitable and rest are lossmakers.
That said, smartphone growth is dependent on network infrastructure. Why isn't there any analysis done on the smartphone growth in areas that have 3G+ connectivity?
Hmm, interesting weekend project.