Comment by makeitdouble 11 hours ago
> 80% of global industry profit.
Are you thinking about the "services", aka mostly mobile casinos ?
I never saw a figure of Apple making 80% of profit on the devices, I'd love to see where you get the number from.
If what you mean by "smartphone business" is neither unit sales nor services, I'd really need you to point at some specific report to understand what we're talking about.
>The Cupertino, California-based tech giant collected 85% of operating profit and 48% of revenue from smartphone sales over the course of the year. https://www.bloomberg.com/news/articles/2023-02-03/iphone-gr...
>However, it outperformed a struggling smartphone market in terms of shipment, revenue and operating profit growth, in turn achieving its highest-ever shares of 18%, 48% and 85% in these metrics respectively, in 2022.
https://counterpointresearch.com/en/insights/2022-global-sma...
Almost three year old numbers, but not all that much should have changed since then.
No services. Or profit margin.
Apple is the most profitable company in the smartphone business and, while their "unit sales" or market share accounts for only about 20%, Apple's share of the smartphone industry's profit is about 80+%.