Apple & Samsung combine for 106% of handset profits as competitors continue to bleed cash

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Comments

  • Reply 21 of 72
    thomprthompr Posts: 1,521member
    Quote:

    Originally Posted by Chris_CA View Post





    Because they gave 110% effort, right?

    rolleyes

    No.  Because others are contributing negative profits.  It all adds to 100% as it should.

  • Reply 22 of 72
    radarthekatradarthekat Posts: 3,842moderator
    Apple takes 61.3% of handset profits, Samsung takes 38.7%, all others lose or break-even

    How's that for a headline?
  • Reply 23 of 72
    drblankdrblank Posts: 3,385member
    Quote:

    Originally Posted by Chris_CA View Post





    Because they gave 110% effort, right?

    rolleyes

     

    They felt good, they played good, they gave it 110%.  How does someone make 106% of the profits?  How does that "happen"?  LOL.

     

  • Reply 24 of 72
    yojimbo007yojimbo007 Posts: 1,165member
    106% of profits?
    How is it possible to have more than 100% of of something.
    Better title would be apple samsung had 100 % of the profits!
    The remaining few lost 6 % .
    Bundeling loss and profit in one number is misleading !
  • Reply 25 of 72

    These other companies need to listen to the analysts and cut their prices/margins and make up for the losses by selling in greater volumes. /s

  • Reply 26 of 72
    thomprthompr Posts: 1,521member
    Quote:

    Originally Posted by Yojimbo007 View Post



    106% of profits?

    How is it possible to have more than 100% of of something.

    Better title would be apple samsung had 100 % of the profits!

    The remaining few lost 6 % .

    Bundeling loss and profit in one number is misleading !

    Imagine if the others lost almost exactly as much as Samsung and Apple earned, so the total industry profit was ten cents.  Apple and Sumsung would be earning 100000000000000000000% of the industry profits.  Cool!!!!

  • Reply 27 of 72
    yojimbo007yojimbo007 Posts: 1,165member
    Lol
  • Reply 28 of 72
    yojimbo007yojimbo007 Posts: 1,165member
    thompr wrote: »
    Imagine if the others lost almost exactly as much as Samsung and Apple earned, so the total industry profit was ten cents.  Apple and Sumsung would be earning 100000000000000000000% of the industry profits.  Cool!!!!
    thompr wrote: »
    Imagine if the others lost almost exactly as much as Samsung and Apple earned, so the total industry profit was ten cents.  Apple and Sumsung would be earning 100000000000000000000% of the industry profits.  Cool!!!!

    LoL
  • Reply 29 of 72
    dasanman69dasanman69 Posts: 13,002member
    steven n. wrote: »
    It is called profit AND loss for a reason. Growing them together to form a pross is bad math on many levels.

    Except there isn't a 'loss' column in financial reports so a negative number is used in the 'profit' column to indicate a loss.
  • Reply 30 of 72
    dasanman69dasanman69 Posts: 13,002member
    yojimbo007 wrote: »
    106% of profits?
    How is it possible to have more than 100% of of something.
    Better title would be apple samsung had 100 % of the profits!
    The remaining few lost 6 % .
    Bundeling loss and profit in one number is misleading !

    If you add up the gains and the losses it adds up to 100%. Leave out the losses and the gains equal 106%. This has all been discussed before.
  • Reply 31 of 72
    kforcezerokforcezero Posts: 65member

    It's funny, every time this metric is mentioned there has to be a handful of dumb-asses coming here to proclaim that "you can't have more than 100% of something".  Ok then, what if you have something, say a company that grows 150%?  Or you can't have any company grow more than 100% either?  It all depends on what you compare.

     

    You know, it's not rocket science.  The industry as a whole made X amount of money.  Apple & Samsung combined made more than X.  That is all.

     

    It's like having a company with multiple divisions, some which are profitable, some which are not.  Should the company then only report the profit from profitable divisions because the losses from the others "aren't profits"?  LOL!  SEC would have a field day with that one!

  • Reply 32 of 72
    sflocalsflocal Posts: 6,093member
    Quote:

    Originally Posted by RS9 View Post



    I'm going to get dinged but Apple should seriously consider Wozniaks suggestion and have Apple offer Android cell phones. If Apple buys, HTC...they get contracts, licenses, etc. as well. HTC is considered by the Industry the best Android phone worldwide. Image it would shake the very foundation of Samsungs plastic phone.



    Yeah... Apple, a company that makes most of the profits already, should buy a company that makes zero profit to support a botched OS that is inferior to iOS.  Great plan.  

  • Reply 33 of 72
    kforcezerokforcezero Posts: 65member
    Quote:

    Originally Posted by Steven N. View Post





    It is called profit AND loss for a reason. Growing them together to form a pross is bad math on many levels.

     

    Where exactly is it "called profit AND loss"?  It's profit OR loss, you can't have both profit & loss simultaneously.  You add up all the profits & all the losses and you end up with either a net profit or a net loss.  You might want to refresh your math skills, this isn't bad math.

  • Reply 34 of 72
    radarthekatradarthekat Posts: 3,842moderator
    dasanman69 wrote: »
    If you add up the gains and the losses it adds up to 100%. Leave out the losses and the gains equal 106%. This has all been discussed before.

    I guess either way of representing it has value, but one way seems to generate a lot more consternation than the other.
  • Reply 35 of 72
    poochpooch Posts: 768member
    news flash: appleinsider 'writers' pen 214% of the internet blogosphere's stupidest headlines!!!
  • Reply 36 of 72
    kforcezerokforcezero Posts: 65member
    Quote:

    Originally Posted by Yojimbo007 View Post



    106% of profits?

    How is it possible to have more than 100% of of something.

    Better title would be apple samsung had 100 % of the profits!

    The remaining few lost 6 % .

    Bundeling loss and profit in one number is misleading !

     

    What would be the point of reporting something that is always true?  All the profitable companies put together always make 100% of the profits.  It just takes up space and provides zero insight.  There's nothing misleading about "bundling it in one number" it shows the relative strength of Apple & Samsung compared to the rest of the industry.

  • Reply 37 of 72
    lord amhranlord amhran Posts: 902member
    What a ridiculous headline for the report....
    Considering some of your headlines DED/Corrections aren't you calling the kettle black?
  • Reply 38 of 72
    constable odoconstable odo Posts: 1,041member

    I don't understand why these smartphone manufacturers continue to hang in and lose money.  It doesn't make any sense to just keep getting pounded quarter after quarter.  I'm sure there must be other things they can do where they can be profitable.  With Google's stupid, freely licensed Android OS, everyone and their mother thinks they can be some smartphone mogul building dirt-cheap smartphones out from their garages and basements.  There's simply just too much of a glut of Android smartphones on the market and why can't these people see that there are no profits to be made by being a minor player.  I thought the Android tablet market would also have shaken out the peanut-gallery manufacturers by now.  It's like they don't know when to quit.  Are they stupid or do they think they're going to get lucky?  Why are there so many smartphone manufacturers?  There's probably more smartphone manufacturers than microwave oven or toaster companies.  It's just so absurd for them all to think they can take down the big boys that are flush with cash.  Every other day on Engadget there's some new Android smartphone that's supposedly going to put Apple's iPhone business into ruins.  A month later and the company is never heard from again.

     

    Google's Android OS gave all these nobodies dreams of grandeur and the sooner it stops the better.  Please, no more Android smartphones.

  • Reply 39 of 72
    cpr1cpr1 Posts: 41member
    Quote:

    Originally Posted by kForceZero View Post

     

     

    Where exactly is it "called profit AND loss"?  It's profit OR loss, you can't have both profit & loss simultaneously.  You add up all the profits & all the losses and you end up with either a net profit or a net loss.  You might want to refresh your math skills, this isn't bad math.


    Exactly? One's quarterly financial statement is a "Profit and Loss Statement" -- not a "Profit or Loss Statement". 

  • Reply 40 of 72
    jungmarkjungmark Posts: 6,926member
    sirlance99 wrote: »
    Mercedes does offer low cost cars. You've heard of the A-Class and B-Class right?

    So I can one for <$15k?
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