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    Apple Rakes in 73% of Profits Among Top Mobile Phone Vendors

    ^_^^_^ Posts: 4,429
    via Wordpress in iPhoneHacks.com
    imageApple Rakes in 73% of Profits Among Top Mobile Phone Vendors

    While Samsung may have grabbed the top place in the worldwide smartphone market in Q1 2012, Apple has made most of the profit among top mobile phone vendors, according to the data released by asymco's Horace Dediu.

    Apple and Samsung accounted for 99% of the total profit made by top mobile phone vendors in Q1 2012.

    HTC made the remaining 1% of the proft, while Research in Motion, LG, Sony Ericsson, Motorola, and Nokia ended up making losses in the last quarter.

    Read the full story here

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