ezXplain

Apple and Samsung combined to pull in 100% of mobile profits in Q1

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

Quoted from Apple and Samsung combined to pull in 100% of mobile profits in Q1 on Gadgets News Headlines – Yahoo! News

Leave a Reply

Required fields are marked *.


This site uses Akismet to reduce spam. Learn how your comment data is processed.