Samsung estimated to make 95 percent of Android device profits

Yes, we all know that Android has the prevailing device market share right now, but which companies in that group are actually making money? According to Strategy Analytics' estimates for Q1, it's Samsung... and virtually no one else. 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.

Filed under: Cellphones, Mobile, Samsung, Google, LG

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Source: Strategy Analytics

Source: http://www.engadget.com/2013/05/16/samsung-estimated-to-make-95-percent-of-android-device-profits/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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