We’ve long known smartphone owners live in a largely bifurcated world of Android and iOS. However, new research paints a dramatic picture where three out of every four smartphones shipped are powered by Google’s mobile operating system. Apple’s mobile OS is the only other to have double-digit market share: a hair under 15 percent.
In the third quarter of 2012, Android accounted for 136 million of the 181 million smartphones shipped, according to IDC. By comparison, 26 million iOS-powered smartphones shipped during the same period, giving Apple 14.9 percent of the market. While both OS makers grew faster than the industry’s 46.4 percent, Android’s 91.5 percent year-over-year growth handily overcame the 57.3 percent growth of Apple’s iOS…
The people with the smile on the box had no reason to smile when their company, the online retail giant Amazon, yesterday posted third-quarter results today, reporting its first loss in nine years. Even as revenue increased by 27 percent annually, Amazon lost $274 million during the third quarter on net sales of $13.8 billion, up from $10.9 billion a year earlier.
In the year-ago quarter, Amazon reported a net profit of $63 million. Total operating expenses increased from $10.8 billion to $13.8 billion. Amazon attributed the loss to its investment in online deal site LivingSocial.
It’s also understandable that a low-margin, high-volume nature of Amazon’s content and books businesses affects earnings. The company is also vulnerable to exchange rates, online shopping growth and fluctuations in consumer spending. And in announcing its first-ever loss, Amazon even took jabs at Apple’s iPad in – wait for it – the official press release…
Samsung Electronics, the flagship subsidiary of the Samsung Group and the world’s largest technology company by revenues since 2009, reported earnings for the September quarter and the results are staggering. Year-on-year profit rose 91 percent as the company brought home $5.9 billion in net profit on $47.6 billion in sales, a 26 percent increase.
Operating profit margin also climbed to 18.8 percent. Much of the spoils came from Galaxy devices, especially smartphones where Samsung in the third quarter reigned supreme, grabbing twice Apple’s market share. Apple yesterday reported $8.2 billion in net profit on $36 billion revenues.
While Samsung has a long way to go to match Apple’s profitability, it’s been growing at a faster clip: Apple’s net profit in the September quarter grew 25 percent versus 91 percent for Samsung. No matter how you look at it, Samsung Electronics, which has headquarters in Suwon, South Korea, is evidently on fire. Does it stand a shot at beating Apple on profitability down the road?