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Apple takes 83% of global mobile profits in Q1, Samsung with 12.9%

Apple takes 83% of global mobile profits in Q1, Samsung with 12.9%

Of the combined operating profit posted by global smartphone players in the first quarter of the ongoing year, Apple's share stood at 83.4%, according to a new report published by market research firm Strategy Analytics.

That's up from the 79.8% figure that was reported for the Cupertino-based company during the same period last year.

Samsung, on the other hand, took home 12.9%. That's down considerably from the 21.9% last year. Reports say the South Korean tech giant is struggling to improve its profitability "due to market saturation and generally falling margins."

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Source: http://www.gsmarena.com

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