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Samsung rakes in 94.7 percent of Android device profits

Posted on Thursday, May 16 2013 @ 14:17:40 CEST by


Samsung logo
Engadget came across a report from Strategy Analytics that claims that Samsung made 94.7 percent of Android device profit in Q1 2013 with a profit of $5.1 billion. LG is next with a distant $119 million, representing 2.5 percent of the market, while all other Android device makers combined account for just 2.7 percent.
With $5.1 billion of Samsung's $7.9 billion operating profit last quarter believed to have come from Android, the Korean firm reportedly accounted for 94.7 percent of Android's hardware profit engine. The only other company that made enough money to stand out was LG, whose $119 million in mobile profits got it to a much smaller 2.5 percent. HTC, Sony, ZTE and the rest were lumped into the ignominious "other" category, at 2.7 percent. The figures don't mean that all other Android manufacturers are floundering, but they do suggest that Samsung is in a much better position to survive any market turbulence.




 



 

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