Samsung, Apple Walk Away With 90 Percent Of Smartphone Profits In Q1 2012, Says ABI Research

Despite the rapid growth of the smartphone market (41 percent YOY, to be exact), Samsung and Apple are the only smartphone makers really enjoying this growth. Combined, they took home 55 percent of global smartphone shipments in the first quarter of 2012. More importantly, they're walking away with 90 percent of the market's profits. Surprisingly, however, Samsung and Sony were the only OEMs to see any sequential growth in shipments. Even more surprising, RIM (of all companies) is set to surpass Nokia, despite the fact that both companies saw a decrease in shipments, 20 percent and 40 percent respectively.

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