Apple earned 66% of the entire smartphone market’s profits in 2019

AppleInsider:

The global profits from cell phone sales fell by 11% in the third quarter of 2019, earning companies an estimated total of $12 billion. Apple has again dominated those profits, though, earning a reported 66% or almost $8 billion. When compared to revenue instead of profits, Apple remains in the lead with 32%.

According to Counterpoint Research, the remaining 34% of profits was chiefly divided between Samsung, Huawei, Oppo, Vivo and Xiami. Of all of these, Samsung was the closest to Apple, but it only earned 17% of the profits.

Keep this in mind when “those people” start banging on about marketshare.