Apple and Samsung collected 103% of the profits of mobile phone manufacturers in 2012

  In 2012, Apple and Samsung earned a lot of money from the sale of mobile phones, and a study done by an American agency reveals the fact that both companies collected 103% of the profit of the entire industry of mobile phone manufacturers. The figure seems, at first glance, impossible, but it is possible due to the fact that Nokia, Motorola and Sony recorded losses, HTC being the third company that had a profit of 1%, Blackberry and LG managing to cover only their costs of production, without making a profit.

Apple took a commanding 69 percent of handset profits last year, more than doubling the next closest company, Samsung, which accounted for 34 percent. Together, that gave the two companies more than 100 percent of the industry's profits, according to research released on Wednesday by Canaccord Genuity.

  Apple collected 69% of the profit, Samsung 34%, and those from HTC only 1%, and in general we are talking about tens of billions of dollars that remained in the companies' accounts. For an industry that sells hundreds of millions of mobile phones annually, the figures reveal that premium products sell best, although they have very high prices, and mid/low-end products are not profitable, although production costs are much lower , and the prices are reasonable. I'm sure that Apple could make a good profit from a cheap iPhone, but it wouldn't compare to the one obtained now.