CHART OF THE DAY: In Case You Were Wondering How Samsung Makes Money

button more charts
button chart prev
button chart next

We often gawk at how important the iPhone is to Apple’s earnings, but it’s not the only company which relies heavily on smartphones for profits.

Here’s Samsung’s operating profit by division for the last year, with an estimate from Barclays for this quarter. As you can see, 70 per cent of Samsung’s profits come from smartphones.

What’s different about Samsung versus Apple is that Samsung makes a lot of stuff. Apple CEO Tim Cook likes to say that you could put everything Apple makes on a table. (It would have to be a big table, but it could probably fit.) Samsung’s entire line would need a warehouse. It does TVs, refrigerators, computers, tablets, chips, LCD displays, and a lot more.

samsung operating profits chart of the day

Photo: Business Insider

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.