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Apple garners 80% of profit among handset makers


Investment firm Canaccord Genuity tells clients — as reported by “24/7 Wall Street” ( — that Apple collects around 80% of the operating profit among all handset makers.

Of US$14.4 billion in industry profit, Apple’s take is $11.5 billion. Samsung comes in second with 15% of the profits, or about $2.2 billion.

However, when it comes to market share,, Apple’s iOS trailed the Android operating system from Google with 19% to Android’s 48% at the end of 2011. Canaccord Genuity estimates that at the end of 2012, Android will hold 57% share to Apple’s 22%.

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