Apple: 94% of global smartphone profits on only 14.5% of unit sales

From Apple Insider:

Apple’s share of total smartphone industry profits grew to 94 percent during the September quarter, up from 85 percent one year ago.

The iPhone maker’s overwhelming share of all smartphone income comes despite Apple being second in smartphone volume shipments to all vendors collectively selling devices running some form of Android software.

According to Canaccord Genuity research, Samsung, the largest Android licensee by far, took a distant 11 percent share of total operating income. Those numbers exceed 100 percent because most other phone makers reported negative operating income.

These are breathtaking numbers.