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Samsung and Apple to have 90% of 2012 mobile profits

Samsung and Apple to completely dominate the 2012 mobile market, said to take 90% of the profits
By Anthony Garreffa from Feb 6, 2012 @ 23:26 CST

It pains me to have a title like that, and before I started typing up this piece, I thought to myself "can they really take 90-percent of the profits?" But if you look at their history in 2011, it can only be a huge possibility that Samsung and Apple take a chunk of the market, as they are the most dominant.

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UBS analyst, Maynard Um has taken a look at the numbers and found that smartphones are now accounting for 30-percent of the cell phone market, but with these numbers even more impressive: smartphones make up "over 75-percent of industry revenues."

Um also says that we need to take a look at just Apple and Samsung, as the two giants "now account for over 55-percent of industry revenues and over 90-percent of total [profits before tax]." Is it hard to imagine? We should expect the iPhone 5 and Galaxy S III this year, which are set to become to two next-gen pillars for each company. Bring it on!

NEWS SOURCES:Phonearena.com


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