Asymco: Apple and Samsung have 99 percent of phone profits
Apparently, between the top eight mobile phone vendors, Apple and Samsung together have 99 percent of the total profits according to Asymco’s Horace Dediu. Apart from them, out of RIM, Sony, Motorola, Nokia and HTC, only HTC made a profit of near one percent, with the remaining six all having recorded losses for the quarter.
Ouch. The mobile phone business doesnt seem to be going along very well, eh?
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Clinton Jeff
Clinton is currently based in New Delhi, India and is executive editor for UnleashThePhones. He is responsible for all editorial decisions, and covers all forms of Mobile and mobile-related accessories.
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