[News] Apple Ships 6% of Mobile Devices, Captures 43% of Revenue, 77% of Profit
Apple Ships 6% of Mobile Devices, Captures 43% of Revenue, 77% of Profit
Although Apple shipped only 6% of the industry's smartphones and tablets in 2Q12, the company captured 43% of revenue and 77% of profits, according to Raymond James analyst Tavis McCourt.
"Ultimately, profits are the feedstock of innovation; and, innovation drives profits," McCourt writes. "Until Samsung starts generating more profits than Apple, we would not be overly concerned with who has the unit share lead. Remember, HP and Dell still sell a lot more PCs than Apple sells Macs, but does it matter?"
Check out the charts below to visualize Apple's amazing progress.
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