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Report: Apple takes 92% of smartphone market profits on just 20% of sales

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Android may have the market share, but it’s an entirely different story when it comes to profit share: the latest estimates from Canaccord Genuity indicate that Apple takes 92% of the profits for the entire smartphone industry despite accounting for only 20% of sales. Or, as the WSJ puts it: Roughly 1,000 companies make smartphones. Just […]

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