Wireless News
05-07-2013, 06:20 PM
According to data from Canaccord Genuity, Apple and Samsung managed to capture 100% of the mobile industry’s profits last quarter. In the first quarter of 2013, Apple took home 57% of the global smartphone industry’s profits, while Samsung grabbed almost 43% to leave nothing for BlackBerry, Nokia or HTC. In fact, the only company that managed a mobile profit share above 0% was LG with its 1% share. Even at nearly 100%, however, Apple and Samsung’s share of mobile profit has actually declined from last year. The research firm previously reported that the two companies captured 103% of handset industry profits in 2012. “Due to operating losses from smaller scale competitors trying to compete, Apple and Samsung’s combined share of
More... (http://news.yahoo.com/apple-samsung-combined-pull-100-mobile-profits-q1-220049485.html)
More... (http://news.yahoo.com/apple-samsung-combined-pull-100-mobile-profits-q1-220049485.html)