Unless you’re Apple or Samsung, selling smartphones means losing money

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/97anltAJ2C5bQrYjQQywIQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/iphone-gs3.jpg (http://news.yahoo.com/unless-apple-samsung-selling-smartphones-means-losing-money-185534139.html)You have to wonder how long it will be before some unprofitable smartphone vendors quit the market. AppleInsider points us to the latest data from Canaccord-Genuity showing that Apple and Samsung now account for a stunning 109% of all smartphone profits. While Apple and Samsung have long dominated smartphone profit shares, usually a smaller vendor such as Sony, HTC or LG has usually managed eke out a tiny profit that would account for 1% or 2% of industry profits. This was not so in the third quarter of 2013 when the best any company not named Samsung or Apple could do in the smartphone market was to break even. How grisly are these numbers for smaller smartphone vendors? Consider that



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