The Galaxy S III and the iPhone 4S stand apart from the rest of the field.
Apple and Samsung Electronics’ lead over the rest of the handset field only widened in the second quarter, with the two companies combining for a staggering 108 percent of the industry’s operating profit.
When several of the other companies, including Research in Motion, Nokia, Motorola, and Sony, posted hefty operating losses in the period.
But whether Samsung got to the top legally or, as Apple claims, made its way there by ripping off the designs behind Apples iPhone and iPad, is a question that jurors will decide in a federal trial in San Jose, Calif.
?”With Apple enjoying leading share of the high end smartphone market and Samsung extending its overall smartphone andAndroid market share, competing smartphone (original equipment manufactuers) are increasingly struggling to compete with these dominant smartphone OEM,” Canaccord Genuity analyst T.
The numbers continue to tell a sobering tale in the handset industry: that barely anyone can survive with much of the profits swallowed up by the two juggernauts in the field.
It’s unclear how any of these companies will get back on their feet with competition from Huawei and ZTE applying pressure on the low end.
Apple impressively generated 71 percent of the industry’s operating profit with only 6.5 percent of the global handset market, according to Canaccord.
Samsung, which has the largest market share at 25 percent, saw its share of profit rise to 37 percent, Walkley said.
The only country where it has managed to stave off market share declines is in France, where it only accounted for 9.2% of sales.
Walkley said that while it continues to enjoy strong carrier support, its One line of phones haven’t sold as well with consumers.
Samsung is expected to increase its market share lead in the third quarter as its Galaxy S III continues to perform well.
Apple, meanwhile, is expected to have a stronger end of the year with the expected unveiling of its nextiPhone in September.
Android has likewise been dominant, Walkley said, noting that its share continues to rise at the expense of BlackBerry and Symbian.
Sean Brierley is a business journalist based in Hobart, Australia. Sean has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Sean spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.