Apple is one of Samsung’s biggest sources of revenue

It’s actually pretty funny when you think about it. Despite being Samsung’s biggest competitor, Apple is still one of the South Korean company’s largest sources of revenue. Apple and the other four companies that make up Samsung’s top five revenue sources make up around 13% of its total revenue, which was somewhere around $185 billion last year. 

Apple was among the top revenue sources for its arch-rival Samsung Electronics last year, a regulatory filing from the South Korean tech giant has said. According to Samsung’s annual end-of-year filings for 2014 to South Korea’s Financial Supervisory Service, Apple, Deutsche Telekom, Ingram Micro, Sprint, and Verizon were the top five sources of income for the Korean tech giant, with the companies’ business amounting to a collective 13 percent of its revenue. The amount each contributed was not disclosed in the report, but Samsung posted a total revenue of 206 trillion won ($185 billion) last year. With the exception of Apple, to which Samsung supplies semiconductors and components, the remaining four are mobile phone distributors, highlighting Samsung’s dependence on its mobile business.