Apple reigns supreme by snatching 92% of the mobile industry’s profits in Q1 2015

Apple iPhone 6

A new research from Canaccord Genuity has concluded that Apple accounted for 92% of the profits generated by the mobile industry in the first quarter of 2015 (ending March 2015).

This data takes the top 8 mobile OEMs and the profits generated by them into consideration, giving us a very good idea about the disparity in profit margins between Apple and other players, especially belonging to the Android fold. While Apple’s arch-rival Samsung was not exactly in the best position in early 2015, its position has been somewhat consolidated since the launch of the Galaxy S6 and the Galaxy S6 edge, which was in April.

It is important to note here that iPhone shipments come in at under 20% of all mobile shipments combined, but given the high profit margins per unit, the company is able to rake in the big bucks quarter after quarter. The company’s launch of the iPhone 6 and the 6 Plus last year has done wonders for its bottom line as well as profit margins and will continue to flourish until the next crop of flagships arrive in September.

In anticipation of the heavy demand, it is said that Apple is already placing massive orders from component makers for the iPhone 6s and the 6s Plus.

Source: The Wall Street Journal (requires subscription)

Via: Apple Insider