Apple, Samsung Claim Bulk of Smartphone Profits

Apple, Samsung Claim Bulk of Smartphone Profits

Published on 07-31-2013 02:24 PM

Here's a newsflash. Apple and Samsung are still - overwhelmingly - the two biggest players on the smartphone scene today, with each claiming a nearly identical dominant share of total smartphone revenue.

According to Cannacord analyst Michael Walkley, Apple claimed 53 percent of smartphone profits in Q2 of 2013, which is down 4% from Q1. Nonetheless, Apple's share remains a handsome one in the face of stiff competition from Samsung. The South Korean tech titan saw its share of smartphone industry profits climb from 43 percent in Q1 to 50 percent in Q2.

Sales of Samsung?s Galaxy S4 and Apple?s iPhone 5 have been especially strong during the summer months... so much so that the two companies now account for 103% of industry profits combined. The Financial Post reports that the only excitement in this race pertains to third place, where Nokia, BlackBerry and other Android-centered manufacturers like HTC Corp., ZTE Corp. and LG Electronics Inc. are fighting to determine who is going to be next in line to Apple and Samsung.

To be fair, of course, the distance between third and second place isn't really a "gap." It's the Grand Canyon.

Source: The Financial Post

Source: http://modmyi.com/content/11707-apple-samsung-claim-bulk-smartphone-profits.html

Jody Arias mothers day gifts JA Happ Tim Lambesis jaycee dugard Great Gatsby Mark Sanford