Apple and Samsung Combine to Take 109 Percent of Handset Industry Profits

Neil Hughes, writing for AppleInsider:

The latest data from Canaccord Genuity, shared with AppleInsider by analyst T. Michael Walkley on Thursday, estimates that Apple took 56 percent of the operating profits for feature phones and smartphones in the third quarter of calendar 2013. Coming in close second was Samsung, which took 53 percent of industry profits.

In contrast, all of the competition lost money, with the exception of Sony, which broke even during the quarter.

★ Saturday, 16 November 2013