No, it goes to show that a lot of companies are operating on razor thin margins or lose money pursuing this business in an attempt to gain customers.
Here's a business tip: if you lose money on every phone sold, you can't make it up in volume.
It's not sustainable. Everyone wants a cheap phone, but you know why so many Android phones never get updates? Because it costs too much. The company has already lost money selling you the phone--you think they're going to support it, too?
Apple, and to a lesser extent Samsung, have the money from the profits to drive the parts of the business that don't seem like they're part of the sale price. You get support at Apple stores, for instance. R&D--whether you think Apple's priorities are good or not is irrelevant, they spend that money on R&D for materials, software, etc. All that is factored into the cost of the iPhone (in addition to the profit margin).
World-wide, Apple accounts for something like 13% of sales, Android accounts for nearly 100% of the rest. But that 87% is split among a lot of manufacturers fighting for the same slice of pie, and Samsung is the top of the heap there, being basically the only one that consistently makes a profit on its phone division.
With the kind of losing strategy that is being pursued by most manufacturers, Apple could make a lot less profit per phone and STILL walk away with nearly 100% of the profits this year.