Imagine the profit of the phone industry as a whole was $100 and the profit of Apple's phone division (with 12% of the market share) was $103. So the rest of the industry (considered as a single whole, which of course it isn't) must have lost $3.

Profit Apple = $1,000,000,000

Net loss Android = -$3,000,000

> What kind of maths is this?

SORRY - Above 4th Grade Math

Sorry Snarky and not trying to be a jerk but TRYING to just make a funny commentary on society. I can't tell you how frustrating it is to sit in a room of very intelligent people and they have no math skills!!!! How is it acceptable to say "I'm not good in math."

Enough competitors loose money on smartphones that the total profit was negative but Apple made a nice dime.