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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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