In a Twitter post a couple weeks ago, Horace Dediu claims only three companies were profitable in selling mobile phones during the third quarter. According to his claim, Apple’s share of the global mobile phone profit pie fell to 60% from 66% during the second quarter. Samsung laid claim to 39% and HTC managed to grab 1% of operating profits.
At least one follower took Dediu to task by pointing out that LG was profitable by the slimmest of margins. Dediu tries to shrug it off by claiming LG “effectively” broke even. Readers may recognize Dediu as the author of the study on the Android Engagement Paradox that we reported on earlier this week.