Read the report more closely.
Apple's closest rival
Samsung does not feature in the Strategy Analytics report.
The single largest smartphone manufacturer isn't included in the report on smartphones. I wonder why?
You can find Samsung's financial reports at their website.
Ah, it all starts to become clear if we look at their financial reports. It's basically using a financial quarter that was impacted by the whole exploding Samsung Note fiasco.
Here's 3 quarters worth of data along with YoY numbers so you can see the statistical anomaly of that one single quarter.
Q2 FY2016 - 4.32 trillion KRW or ~3.78 billion USD at today's exchange rate.
Q2 FY2015 - 2.76 trillion KRW or ~2.41 billion USD at today's exchange rate.
Q3 FY2016 - 0.10 trillion KRW or ~8.7 million USD at today's exchange rate.
Q3 FY2015 - 2.40 trillion KRW or ~2.09 billion USD at today's exchange rate.
Q4 FY2016 - 2.50 trillion KRW or ~2.17 billion USD at today's exchange rate.
Q4 FY2015 - 2.23 trillion KRW or ~1.94 billion USD at today's exchange rate.
Also note that unlike Apple, mobile app sales profits go to Google and not he hardware manufacturers, unless the manufacturer isn't using Google's App store. So, I wonder whether Google is included in their report or not?
So sure, if you wish to cherry pick numbers, Apple has 91% of all smartphone operating profits on the entire planet. Just realize that it's only true for 1 fiscal quarter.
So yes, it still supports what I stated. It's not over 90% and it's far higher than their 12.5% unit share of the market.
Apple is not a margin player in PC computing,
Apple literally has 60% of all PC industry profits:
https://ped30.com/2016/11/03/apple-dediu-macbook-pro/
Let's take a quick look at this.
With an estimated $5.5 billion in operating margin Apple is the most profitable PC vendor, capturing over 60% of the available PC hardware profits.
Looking at just one random hardware OEM, Lenovo.
Last year they had a disappointing year and only made an estimated 1.6 billion USD in profits. Good thing too otherwise Apple wouldn't look so good as the year prior they made 6.6 billion USD in profits.
Except one thing bothers me. For data available to him at the time, he couldn't be using the Fiscal year data of 1.6 billion USD for Lenovo as that data didn't end until
after he published that report? So what data is he cherry picking? Some hybrid period of time that happens to be favorable for Apple?
But let's ignore that and look at another hardware vendor. Hewlett Packard. They made 9.0 billion USD in profit. Uh oh. What? How can this be? HP must be lying in their financial filing to the SEC right? Because someone claiming Apple has 60% of all PC hardware operating profit can't possibly be doing something weird to manipulate the numbers, right?
And this isn't even including Dell which is now privately held and doesn't need to file numbers with the SEC. Nor does it include other smaller but still profitable hardware vendors (Asus, Acer, NEC, Toshiba, etc.). BTW - Sony are no longer in the PC business. They exited that market about 2-3 years ago.
I'd be interested to read his report to see what mental gymnastics he's jumping through to make that claim, but I'm not about to give him any money.
Regards,
SB