Apple and Samsung grab more than 100% of smartphone profits in 2012

Apple and Samsung grab more than 100% of smartphone profits in 2012In the world of smartphones, Apple and Samsung are very much the big players, and the duo have pulled off an “astounding” feat in 2012.

According to research from Canaccord Genuity, Apple and Samsung grabbed more than all of the smartphone profit last year. Yes, you heard me; more than all of the profit.

Specifically, Canaccord reckons the South Koreans and Californians combined accounted for 103% of 2012 smartphone profits.

Ultimately, that means the rest of the vendors combined (LG, Motorola, RIM, Nokia, Sony, Huawei, ZTE…) recorded a loss.

Indeed, the only manufacturer to rake in more than 0% was Taiwan’s HTC, which grabbed a 1% share. Well done, lads.

While Apple and Samsung's 103% share of smartphone profits relates to the entire year, that figure dropped (ahem) to just 101% in Q4 2012.

Things should hopefully look less depressing for the rest in 2013, with BlackBerry going balls-out with BlackBerry 10, the Chinese smartphone boom, and Windows Phone 8 possibly maybe gaining some sort of traction.

via: BGR

Read more about: AndroidiOS

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ObiVanHalen  Feb. 7, 2013 at 18:04

Always give 110 percent 8)

Andy247  Feb. 8, 2013 at 09:59

"BlackBerry going balls-out"

If they went balls-in, that would be more dangerous.


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