Look How Many Competitors Apple Has Overtaken In Just The Last Year Alone [Chart]

We all know that despite only selling two different models of the iPhone and iPad each year, Apple owns the lion’s share of profits in the smartphone industry, even when compared to manufacturers who released dozens of different smartphones and tablets every year.

It gets even crazier, though. Look at this wonderful chart by market research firm VisionMobile, comparing shipping volumes, revenues and profits of the mobile industry from Q1 2011 to Q1 2012. In just a year, Apple has pretty much doubled not just the number of smartphones it ships, but the revenue and profit it makes off of them…. even while companies that were, a year ago, struggling to compete have pretty much gone belly up.

Via Cult Of Mac