Samsung And Apple Grab 90% Of Profits From Smartphones Sales And Garner 55% of the Market

samsung and apple grab 90% of profits from smartphones sales and garner 55% of the market

According to recent report from ABI research states that Apple And Samsung Combinedly take 90% of Smartphones Sales profit and controls 55% of the market worldwide. These are huge numbers. these are outputs of the Q1 2012 results whihch are impressive. So where HTC and all others Stand in profits and sales?

With 41% gain in smartphone sales overall there were 144.6 million units sold in the Q1 of this year. In which 35 million were iPhones while 43 million devices are from Samsung. Samsung’s policy of different phones for different countries seems to be working. Samsung achieved this purely due to Android. Coming onto Nokia its shipments are sliding and sinking. Apple’s performance was also good giving tough competition to Samsung.

Source: Yahoo

samsung and apple grab 90% of profits from smartphones sales and garner 55% of the market
Simranpal Singh
Simranpal Singh
With a decade-long journey in the tech industry, I've been actively engaged in tech reporting across various reputable publications. He currently works as a Web Developer at RightNode Media and pursues his hobby of writing on GoAndroid. Enjoy travelling, and always excited about new tech trends. He actively contributes on GizmoChina and GChromecast Hub.

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