News Byte
John Paczkowski in Mobile on June 15, 2012 at 12:09 pm PT
It’s not easy being a smartphone manufacturer — unless you’re Apple or Samsung. Together, the two companies captured about 50 percent of the global smartphone market, according to
new data from ABI Research. And while the other half of the market went to rivals like Research In Motion, Sony, ZTE and Huawei, it didn’t matter all that much. Because 90 percent of the entire smartphone industry’s profits in the first quarter of 2012 went to Apple and Samsung, as well.