Android Device Profits Down 50%
Ashley Allen / 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.