Apple gets 103.6% of the profits of the smartphone market

Although the latest reports say that Android has achieved 88% of the market share of mobile devices, Apple has achieved 103.6% of the profits during the third fiscal quarter.

We are specifically talking about estimates of BMO Capital Markets, which if so, confirm that Cupertino is still the king in benefits for many mobile phones that band competition.

How can Apple exceed 100%?

But how is it possible that Apple has managed to win more than 100% of profits from the market? Very simple, companies like HTC and LG have not had profits but losses, so they are counted as negative percentages.

Thus, both negative percentages how the fall of Samsung because of its explosive Galaxy Note 7 have helped Apple's profits are so large as to exceed 100%.
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