iPhone king of the Smartphone world

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Good news for Apple shareholders! According to the Wall Street Journal, one company is king among smartphone companies. That would be, surprise surprise, Apple.

 

Keep in mind, we’re not talking anything except profit here. Apple and the iPhone accounted for 92% of the total smartphone industry’s operating income in quarter one of 2015, which is up a pretty staggering 65% from last year.

 

This is not only indicative of huge success, but is an interesting number in combination with the fact that Apple only sells around 20% of the worlds smartphones.

 

Samsung was the only other company to make money in the smartphone sector.

 

So, two things spring to mind: 1. Nokia was in relatively the same position as Apple 8 years ago until the iPhone came along. What’s next? It’s exciting! and 2, What is Apple going to do with all that money!!?  Build us all cool robots?  Yeah. That’s probably it.

 

 

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