Apple accounted for 92% profit of smartphone industry in the first quarter of 2015

According to the latest report of The Wall Street Journal, Apple has gained about 92% profit of the entire smartphone industry worldwide in the first quarter of 2015. A total of 1,000 companies engaged in production section and smartphone business sector in the world.

Samsung is standing the second positon with 15% of the total profit of this industry. Thus, Apple and Samsung account for over 100% profit of the smartphone industry. That’s because many other companies have big losses and meet many difficulties in this quarter.

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In this report, the WSJ does not mention some individual companies such as Xiaomi or Micromax. However, it does not affect too much on the overall picture.

This figure really makes people surprised because iPhone sales accounted for only 20% of all smartphones sold in this quarter. But the profit is nearly similar to the entire profit of the industry.

Explaining this, some analysts said that the high cost was one of the reasons for Apple to achieve huge profits. The average cost of an iPhone is about 659 USD, much higher than the average price about 185 USD of Android phone.

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Besides, that sales continue to rise is also the reason for Apple to gain huge profits. Especially, the launch of iPhone 6 and iPhone 6 Plus has helped Apple achieve record sales. IPhone sales in the last quarter rose 43% compared to the same period last year.

Experts also predict that Apple will continue to dominate when recently, this company said it would gain record sales with iPhone 6s. Pegatron, manufacturer and assembler iPhone for Apple said Apple has ordered 90 million next generation iPhone from the manufacturers to meet market demand.

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WSJ also reported some smartphone manufacturers reported losses in the 1st quarter of 2015 such as HTC. Taiwanese company reported losses of 256 million USD. Software giant Microsoft also accept defeat with smartphone brand of Nokia when its value smartphone segment fell to 80%.