Apple was the only smartphone maker that made real profit last quarter

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Apple is making hella bank, as the kids say.
Photo: Jim Merithew/Cult of Mac

The iPhone’s market share is down around the world, but you know what’s up? Its profitability related to other smartphones.

In fact, according to a new report from BMO Capital Markets analyst Tim Long, Apple accounted for 103.6 percent of all smartphone industry operating profits in the third quarter of 2016.