Samsung and Apple Captured 108 Percent of Smartphone Profits in Q2: Report

Apple and Samsung, due to losses posted by RIM, Nokia, Motorola and Sony, claimed 108 percent of handset industry profits during the second quarter, said a Canaccord Genuity report, underscoring the dominance of the pair. - So great is Apple and Samsungs dominance over the rest of the smartphone market that the pair together captured 108 percent of the handset industrys profits during the second quarter, Canaccord Genuity analysts reported Aug. 5. The striking figure was made possible, the analysts explained, by compet...

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