BMO Capital Markets analyst Tim Long estimates that Apple accounted for 103.6% of smartphone industry operating profits in the third quarter. Its share is over 100% because other vendors lost money in the business, resulting in Apple having more smartphone profit than the industry netted overall. In the year-earlier period, Apple grabbed 90% of smartphone profits, Long said in a research report Thursday… More at Investors.com.
Android accounted for a record 87.5% of the 375 million smartphones shipped in the third quarter, ending September 30. That’s up from 84% last year. While the gain may seem small, it highlights Android’s continued dominance in the smartphone market.
Apple shipped 45.5 million iPhones in the period, down 5.2%, while Android smartphone sales hit 328.6 million, up 10%. Apple posted its first sales decline since 2001 last month, just weeks after launching the iPhone 7 line… More at CNN Money.
Nice, but which would you rather have?