Apple markes 92% operating income of smartphone industry despite only having a 20% market share. Good times if your a shareholder 
http://www.wsj.com/articles/apples-s...-92-1436727458
http://www.neowin.net/news/apple-tak...ustrys-profits

Quote:
“Roughly 1,000 companies make smartphones. Just one reaps nearly all the profits.
Apple Inc. recorded 92% of the total operating income from the world’s eight top smartphone makers in the first quarter, up from 65% a year earlier, estimates Canaccord Genuity managing director Mike Walkley. Samsung Electronics Co. took 15%, Canaccord says.
Apple and Samsung account for more than 100% of industry profits because other makers broke even or lost money, in Canaccord’s calculations.
One key to Apple’s profit dominance: higher prices. Apple’s iPhone last year sold for a global average of $624, compared with $185 for smartphones running Android, according to Strategy Analytics. In its fiscal quarter ended March 28, Apple sold 43% more iPhones than a year earlier, at a higher price. The average iPhone price in the quarter rose by more than $60 to $659, on the strength of the larger-screen iPhone 6 and 6 Plus models.”
“Roughly 1,000 companies make smartphones. Just one reaps nearly all the profits.
Apple Inc. recorded 92% of the total operating income from the world’s eight top smartphone makers in the first quarter, up from 65% a year earlier, estimates Canaccord Genuity managing director Mike Walkley. Samsung Electronics Co. took 15%, Canaccord says.
Apple and Samsung account for more than 100% of industry profits because other makers broke even or lost money, in Canaccord’s calculations.
One key to Apple’s profit dominance: higher prices. Apple’s iPhone last year sold for a global average of $624, compared with $185 for smartphones running Android, according to Strategy Analytics. In its fiscal quarter ended March 28, Apple sold 43% more iPhones than a year earlier, at a higher price. The average iPhone price in the quarter rose by more than $60 to $659, on the strength of the larger-screen iPhone 6 and 6 Plus models.”
http://www.wsj.com/articles/apples-s...-92-1436727458
http://www.neowin.net/news/apple-tak...ustrys-profits




seeing as a good quality fast 128Gb MicroSD card can be got for £65 they really are taking the piss, especially as that £65 is retail so for a company with Apples buying power and ability to buy in bulk it'd be a hell of lot less for them.