Apple, Samsung took 103 percent of smartphone industry profits

Andre Yoskowitz
1 Aug 2013 7:54

According to Canaccord, Apple took 53 percent of the smartphones industry's profits during the Q2 and Samsung took 50 percent, leaving the rest of the industry to fight for -3 percent.

Samsung has quickly taken share from Apple, which had 69 percent value share as late as 2012.

Rivals Nokia, HTC, LG and Sony saw revenue share of 0 percent for the quarter, while BlackBerry saw -1 percent and Motorola saw -2 percent due to ongoing losses.

Samsung does not detail the exact amount of smartphones sold in any given quarter, so these figures are based on estimates. The company's IT & Mobile division saw a huge $5.64 billion operating profit this quarter, but that includes PC and tablet sales, as well.

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