May 04
Apple & Samsung Claim 99% of Profits Among Top Mobile Phone Vendors
Apple News, Everything Else
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Chris Eissens

Asymco has released data on operating profits among the eight top mobile phone vendors for the first quarter of 2012. And “not surprisingly” you can see that 99% of the mobile phone market profits are made by Apple and Samsung. Infact last quarter 75% was taken by Apple which dropped slightly to 73% now and Samsung is growing fastest from 16% last quarter to 26% now.
Among the other six vendors, only HTC managed to eke out a profit, taking 1% of the total industry profits. Research in Motion, LG, Sony Ericsson, Motorola, and Nokia each failed to turn a profit on their handset businesses.
Source [macrumors]
\\ tags: apple, Income, Profit, Q1 2012, Samsung, Top Mobile Phone Vendors