He is making a generalization. Apple makes about 80% of the market's profits with their phones. They sell a ton and bank on it. The other companies either don't sell a lot, or like Samsung, they sell a ton but barely make a profit.
Depends on the quarter. Last year there was a quarter where Apple ended up with over 100% profit share because, in aggregate, everyone else lost money.
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AAPL, they earn all of the profits for the most important device of the 21st century. I will own them until that is no longer the case.
what do you mean by all the profits?
He is making a generalization. Apple makes about 80% of the market's profits with their phones. They sell a ton and bank on it. The other companies either don't sell a lot, or like Samsung, they sell a ton but barely make a profit.
Depends on the quarter. Last year there was a quarter where Apple ended up with over 100% profit share because, in aggregate, everyone else lost money.
http://fortune.com/2016/11/04/apple-smartphone-profits/
Apple takes about ~90% of the profits in mobile despite it having a market share that's quite low compared to various Android flavors.