iPhone accessories and iTunes sales combined rake in more revenue than most smartphone manufacturers

Apple’s financial performance is a topic of great debate. On the one had, the company makes more money than any other company on the planet. On the other, its stock is still not a safe bet for investors. To get some perspective on just how much money Apple makes, and how successful it is, Horace Dediu (Asymco) has created a chart comparing revenue from iTunes and iPhone accessories vs. smartphone manufacturers.

Screen-Shot-2013-02-11-at-2-11-12-2.36.14-PM-620x399

When the industry speaks of other manufacturers catching up, it’s no longer meant in terms of specs and features. We all know that there are phones out there with bigger displays, faster processors, and longer battery life but that doesn’t matter if the general public doesn’t buy in to them. The chart above shows that iTunes and iPhone accessories on their own beat Nokia, Sony, RIM, LG, Motorola and HTC with revenue made in the final quarter of 2012. It’s pretty incredible.  The only manufacturer to make more money than iTunes and accessories was Samsung.

It’s not as if these companies performed badly either. Nokia made $5.4 billion in revenue last quarter from smartphone sales. Sony made $4 billion. These are not small numbers. Apple is just THAT successful it’s put a skew on reality. Seemingly, the reality distortion field is in play, even in the markets.

Source: Asymco
Via: TUAW

Tags: , , , , ,