By only selling 2.8% of all mobile handsets worldwide, Apple gets 39% of the profits
Let me say that one more time. Sold 2.8% of the market, gets 39% of the profits. And this includes all phones worldwide, not just smartphones. Apple sold 17 million handsets during the first half of 2010. Nokia, LG and Samsung, combined, sold 400 million. Their profits, again, combined, are lower than Apple’s.
Look at the graph below to get a better picture at how this is split up: