Samsung grabs 95 percent of Android smartphone profits
Samsung took home almost all of the profits generated in the Android smartphone world last quarter, according to a report today from Strategy Analytics.
For the first quarter, global Android smartphone profits totaled $5.3 billion. Samsung captured a hefty 95 percent, or $5.1 billion, of that amount. Strategy Analytics senior analyst Woody Oh pinned Samsung's success on an "efficient supply chain, sleek products, and crisp marketing."
Second place LG Electronics snagged 2.5 percent of Android's global earnings and is far behind Samsung in the volume of its smartphone devices. Samsung could even use … Read more
