Android Device Profits Down 50%

/ 3 years ago


Hardware carrying the Android operating system suffered its  “most significant ever” fall in profits over 2014, with sales down 50% from projections, according to analysts Chetan Sharma. This comes despite Samsung earning over $100 billion in smartphone sales across the year, and Chinese company Xiaomi breaking into the top-five handset manufacturer in the world.

The previous year, Apple had a 56% share of smartphone sales, with Samsung taking 53% (the 109% total factors in losses from other sellers). Projections for 2014, though, suggest that Apple has taken at least 60% of total sales, with Samsung falling off significantly.

Source: Electronista

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