Visualized: Apple and Samsung occupy the 99 percent… of phone profits

Posted By Jagdeep on May 6, 2012 in Blog |

By Daniel Cooper posted May 4th 2012 12:17PM

Financial maven and maker of beautiful graphs Horace Dediu has found that between the top eight mobile phone vendors, Apple and Samsung share 99 percent of the total spoils. Of RIM, LG, Sony (Ericsson), Motorola, Nokia and HTC, only the latter made a profit — claiming that left over one percent. The remaining six all recorded losses for the quarter, Mr. Deidu adding that several of those companies are carrying feature phone businesses that they should shed before they become an albatross around their neck.

Excerpt from: Visualized: Apple and Samsung occupy the 99 percent… of phone profits