Apple iPhone more profitable than any other smartphone

Apple has the highest profit margin of any player in the smartphone industry – even though it doesn’t yield the highest revenue, this chart shows.

LG, Samsung, Nokia, and RIMM beat Apple to the revenue punch, but they don’t yield the same margins – closest player is RIMM with 20.7 per cent margin.

Interestingly, the cell phone handset industry yielded over $65 billion in the last 6 months. Of that, 9.7% was pocketed by the companies. It was recently announced that Apple received 32% of the total handset market’s profits, equivalent to a whopping $2,038,000,000 – all through iPhone sales.

Thanks to: iSmashPhone.