iPhone snags two-thirds of mobile industry profits

pile of cash

In the last year, without introducing a new handset model, Apple has gone from being responsible for half of the mobile industry’s profits, to accounting for two-thirds of that growing pile of cash. The analysts over at Asymco came to that conclusion after compiling all major handset makers’ second-quarter 2011 earnings data, and posted some great graphs depicting the mobile profit landscape on Friday.

As the graph above shows, the picture today is quite different from 2007, when Apple first introduced the iPhone, and Nokia was the undisputed king of mobile. Four years later, of the top mobile vendors, Apple has two-thirds of the profits.

It’s also interesting that while Samsung is hot on Apple’s trail in smartphone sales (with just over 19 million sold last quarter compared to Apple’s 20 million), the Galaxy-maker is far behind Apple when it comes to actually reaping profits from device sales, with just 15 percent of mobile profits for the quarter. After Samsung comes beleaguered RIM with 11 percent, and HTC with 7 percent.

Check out Asymco for a full breakdown of the industry’s most recent quarter.

Thumbnail courtesy of Flickr user Tracy O. Chart from Asymco.

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