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Samsung, Apple account for 90 percent of smartphone profits

Written by Andre Yoskowitz (Google+) @ 16 Jun 2012 17:45 User comments (3)

Samsung, Apple account for 90 percent of smartphone profits According to the latest ABI research, Samsung and Apple account for 90 percent of all smartphone market profits, leaving little room for competition like HTC, LG and Nokia.
The market itself grew 41 percent year-over-year, marking the fifth consecutive year of exponential growth.

Apple and Samsung are in a league of their own, however, taking 55 percent share of phone shipments in the Q1 2012. Samsung shipped 43 million devices, with Apple close behind at 35 million.

Rounding out the top 5 were Nokia and RIM at 11.9 million and 11.1 million respectively and Sony at 7 million.

Apple is said to bring in 70 percent of the profits in the industry, which would leave Samsung with 20 and everyone else fighting for 10. Samsung is also Apple's largest component maker, meaning they make money even when their main rival sells phones.

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3 user comments

116.6.2012 20:06

odd HTC is not even mentioned pretty sure is on third place



216.6.2012 22:09

Originally posted by i1der:
odd HTC is not even mentioned pretty sure is on third place

HTC hasn't been reporting unit sales since the end of last year because they have plummeted so drastically. They might be as low as 5-6 million per quarter now.

317.6.2012 1:13

Originally posted by xnonsuchx:
Originally posted by i1der:
odd HTC is not even mentioned pretty sure is on third place

HTC hasn't been reporting unit sales since the end of last year because they have plummeted so drastically. They might be as low as 5-6 million per quarter now.
That's a shame. I've really enjoyed my MyTouch 4G. I'll miss them if they end up closing shop.

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