Apple and Samsung are the only profitable smartphone makers

According to the research Cannaccord Genuity, Apple and Samsung were the only smartphone manufacturers, receiving a significant profit. This writes The Next Web.

According to analysts, Apple went to 38% margin from its mobile division ā€“ more than anyone in the industry. Margin the Samsung is much lower ā€“ 17%. A small margin was recorded by Chinese TCL ā€” 2%.

Other companies mentioned in the report, in the second quarter of 2016 was losing money on the production and sale of smartphones.

The leaders of the rating have become Microsoft and HTC with 22% loss. They are followed by Lenovo and LG with 10 and 5% losses, respectively. Blackberry is losing on the production and sales of 3%, while Sony was to go to zero.

In comparison with II quarter of last year, there are a few changes: for example, losing money now then LG worked “zero”, the canadian Blackberry and Vice versa reduced.

Clifton Nichols

Clifton Nichols

Hi! Iā€™m Clifton and I am a full-stack engineer with a passion for building performant and scalable applications that are beautiful and easy to use.

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