Apple and Samsung Combined Account for 106% of the Smartphone Industry's Profits [Chart]

Apple and Samsung Combined Account for 106% of the Smartphone Industry's Profits [Chart]

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Apple and Samsung combined account for 106% of the smartphone industry's profits, according to the latest report from Canaccord Genuity analyst Michael Walkley.

The percentage is higher than 100 because their competitors are losing money. The biggest loser last quarter was Nokia, which had a net impact of -3% on industry profits. BlackBerry and Motorola both accounted for -1%.

"Given the current competitive dynamics, we believe Apple and Samsung will maintain dominant value share during 2014," Walkley said. "With BlackBerry struggling and Microsoft purchasing dominant Windows Phone OEM Nokia, we believe Chinese OEMs with strong Android portfolios will likely emerge as stronger long-term competitors to Apple and Samsung."

Check out the charts below for more details...

[via BI] [via AppleInsider]


Apple and Samsung Combined Account for 106% of the Smartphone Industry's Profits [Chart]

Apple and Samsung Combined Account for 106% of the Smartphone Industry's Profits [Chart]
Jake - May 9, 2014 at 3:02pm
Look at that ape dominating the market. Suck it samsung fanboys ;)
Fukran John - May 8, 2014 at 10:49pm
Since this news from US, I thought they would say 90% apple , 4.5% Samsung and rest are others. He he
Fukjohn Rah - May 8, 2014 at 11:16pm
And their you have it, we don't listen to gimmicks and it's just you with "paid by apple" bullshit and now you admit "you thought". Look who's finally spread every hurt out on their shit sandwich.
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