Apple Loses 'Most Profitable Smartphone Vendor' Title

Apple Loses ?Most Profitable Smartphone Vendor? Title

Can you hear that popping sound? That?s the sound of Champaign corks flying all over the Samsung corporate office after announcing the company stripped Apple of its Most Profitable Smartphone Vendor title after outselling Apple by over a three to one margin. Sue me again, I double dog dare you.

"Apple?s reign as the world?s most profitable handset vendor lasted almost four years, from Q3 2009 to Q1 2013," Neil Mawston, also of Strategy Analytics, said. "Apple?s profit margin for its handset division has been fading recently due to lackluster iPhone 5 volumes and tougher competition from rivals."

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Posted by Al 6:16 PM (DST)??

Source: http://www.hardocp.com/news/2013/07/27/apple_loses_lsquomost_profitable_smartphone_vendorrsquo_title/

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