Samsung makes 95 percent of all Android smartphone profitsBy Dave LeClair
During the first quarter of 2013, Android smartphones led to an impressive $5.3 billion in profits across all of the companies selling them. That's a lot of money, but who is actually benefiting the most? Turns out, Samsung is responsible for 94.7 percent of the total profit from the mobile OS, according to a report from Strategy Analytics.
In all, $5.1 billion of Samsung's total $7.9 billion in operating profit came from the sale of Android smartphones. With phones like the Galaxy S III, Galaxy S IV, and Galaxy Note II, it's easy to see that Samsung has the most popular devices on the market.
LG came in second place with about $0.1 billion in profits from Android devices. The company's lineup lacks the depth and range to come anywhere near Samsung, which offers devices at many different price points.
All other companies combined totaled the remaning $0.1 billion. This number includes companies like Sony and HTC. Both of them make some of the highest-end Android devices on the market, which have been generally well received by reviewers, but apparently not so much by consumers.
Android's $5.3 billion accounted for 43% of the smartphone industry's operating profits, which reached $12.5 billion worldwide in the first quarter of this year. That leaves Samsung accounting for over 40 percent of the total earned in the smartphone industry during this period.
Interestingly, the report claims Samsung now makes more money from the platform than Google, which puts the South Korean firm in a powerful position over Android going forward.
Image via Ranpict