Apple, Samsung earn all smartphone profits, and more

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/jOxE1dGDMue_rK95XowGng--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/d6efe0d474fbe620ec773d1ddd89fa345a1501ef.jpg (http://news.yahoo.com/apple-samsung-earn-smartphone-profits-more-221133338.html)Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money, an analyst said Thursday. "We estimate Apple and Samsung combined to capture a remarkable 109 percent of third quarter handset industry profits," said Canaccord Genuity analyst Mike Walkley in a research note. Walkley pointed out that other manufacturers such as BlackBerry, Nokia, LG, HTC and Motorola are operating at a loss, based on his latest global handset survey. Walkley estimated that Samsung shipped 84.8 million smartphones in the quarter and "captured an impressive 53 percent of handset industry profits."



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