The Mobile Phone Industry: Industry Analysis Of The Mobile Phone Industry

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Industry Analysis (SN) According to Apple’s website, its current mission statement says "Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple (Primary SIC Code 3571) leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad." Which simply states that they are here to stay and they are leading the way in this industry. The cell phone industry is among those that experienced the fastest growths in the communication industry. The personal headset (phone) industry is always booming and has been since …show more content…

Apple Pay is the big player. It’s growing rapidly in the United States, and poised to make an impact in China and Europe in the coming future. This trend is becoming more and more prevalent with more stores adapting to the ever changing themes of …show more content…

Apple announced financial results for its fiscal 2015 first quarter ended December 27, 2014. The Company posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion, which is a major jump from 2014 financial statements. In 2014 the company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion. Almost $10 Billion more in quarterly net profits. Samsung announced third-quarter earnings today, revealing that the company is back to operating profit growth after seven quarters of decline. Samsung says it made 6.42 billion in operating profit during the Q3 period which posted a disappointing operating profit in Q3 2014 of just 3.6 billion. Both net profit and sales rose also increased from the same period last year, rising from 3.7 billion on sales of 41.7 billion in 2014 's Q3, to $4.8 billion on sales of $45.6

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