Apple's share of smartphone profits has increased to 94% in the third quarter of 2015, according to Canaccord Genuity. That's a significant increase from 85% during the same quarter last year and Apple was able to reach those profits with only 14.5% of smartphone sales. For comparison, Samsung had 24.5% of global sales and just 11% of the profits.

Those profits are attributed to Apple's high 37% operating margins and a high average sale price of $670. Samsung may sell more phones, but each device has an average value of just $180, leaving the company with 10% margins.

Due to a recent bump in sales from the iPhone 6s, Apple's profit share could increase in the fourth quarter.