Monday, October 29, 2012

Apple/Samsung own 106% of the handset industry

The headline is not a typo.

[caption id="" align="aligncenter" width="220"] credit to cnet[/caption]

It is being reported by cnet that due to the huge amount of losses by Nokia and Motorola (among a few others) that Apple and Samsung have 106% of the earnings in the entire industry.

The most hilarious part of the report is this 106% earnings are actually down from 108% that they held in the last quarter.

Apple is completely dominating the sector.  They have had only 6.3% of global handset unit sales, and 15.4% of global smartphone unit sales yet still have captured 59% of the operating profit in the sector.

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