iPhone Accounts For 92% Of Smartphone Profits

iPhone Accounts For 92% Of Smartphone Profits

According to the latest stats on MarketWatch, the iPhone is an extremely profitable device for Apple. In fact, the numbers indicate the iconic handset is making 92% of the profit in the smartphone industry. Reportedly, Apple and Samsung together account for over 100% of the profit. How is this possible? Simple. The majority of the smartphone makers are actually losing money. Wild.

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avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.