Friday, February 06, 2015

Smartphone Market 90:10

In Smartphone Market, It’s Luxury or Rock Bottom - WSJ

"the commoditization of smartphones has led to price trends which highlight the fact that there have always been two distinct markets for smartphones: A luxury market, and everyone else.
Apple captured about 90% of all profits in the mobile market
The world’s top 10% control 87% of the world’s wealth"