According to data from Canaccord Genuity,
Apple and
Samsung managed to capture 100% of the mobile industry’s profits last quarter. In the first quarter of 2013, Apple took home 57% of the global smartphone industry’s profits, while Samsung grabbed almost 43% to leave nothing for BlackBerry, Nokia or HTC. In fact, the only company that managed a mobile profit share above 0% was
LG with its 1% share. Even at nearly 100%, however, Apple and Samsung’s share of mobile profit has actually declined from last year. The research firm previously reported that the two companies
captured 103% of handset industry profits in 2012.
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