Apple And Samsung Grabbed 103% Of Cellphone Profits In 2012
When it comes to smartphone manufacturers, right now there are really only two companies that really matter – Apple and Samsung. Not only do they both have the most marketshare, but they’re making a ton of profit. In fact, they’re making so much money that the two companies combined account for 103% of the total cellphone profits of 2012.
Wait, isn’t it impossible to account for 103% of the profit? Well, no. Because operators like BlackBerry, Motorola, and Nokia operated at a loss last year, Apple and Samsung were able to make more than 100% of the profit, which is pretty insane.
