“Together, Apple Inc. and Samsung Electronics Co., Ltd. raked in 95 percent of the profits that were made in the world’s mobile phone market, according to a report issued by Counterpoint Technology Market Research,” Michelle Jones reports for ValueWalk. “The research conducted by Counterpoint Technology Market Research indicated that Apple Inc. brought in 70 percent of the world’s mobile phone profits in 2013 [sic. Means 2012 – MDN Ed.], while Samsung Electronics Co., Ltd. brought in 25 percent of the profits.”

“Nokia Corporation was a distant third with just 2 percent, while the remaining 3 percent was split among the other 300 (plus or minus) companies that sell mobile phones,” Jones reports. “The research firm said Apple Inc. had just 51 percent of the industry’s profits in 2011, and Samsung Electronics Co., Ltd. had 15 percent the same year.”

Read more in the full article here.

[Thanks to MacDailyNews Readers “DogGoneToo” and “MacMan1984″ for the heads up.]

Related articles:
Apple iPhone continues lead with 51.2% U.S. market share as Android users increasingly switch to iPhone – January 22, 2013
My Journey to the Dark Side: If this is what Android offers, Apple investors have nothing to worry about – January 19, 2013
Of myths and market share – January 18, 2013
How Apple is destroying Android from the inside out – January 18, 2013
Apple dominates smartphone OS satisfaction survey – January 18, 2013
The Apple double standard – January 18, 2013
Apple surges ahead of Google in mobile ads – January 18, 2013Google Android’s smartphone OS unit share lead may be ending soon – January 2, 2013
Why Apple’s iOS will win the platform war over Google’s Android – January 11, 2013
The Android engagement paradox – November 26, 2012
People buy more Android phone units and do less with them vs. Apple’s revolutionary iPhone – November 14, 2012
Apple rakes in 71% of the world’s smartphone profits – September 8, 2012
Apple kicks Google’s Android in the teeth; $1.05 billion jury award may really be worth $450 billion – August 27, 2012
Study: iPhone users vastly outspent Android users on apps, respond much better to ads – August 20, 2012
Apple utterly dominates mobile device market with 6% market share – and 77% of the profits – August 6, 2012
Game over, Android: Apple owns 84% of mobile gaming revenue – May 7, 2012
Apple takes lion’s share of mobile profits; Samsung unit sales estimates cloud market share picture – May 1, 2012
Apple remains #1 global smartphone leader; Samsung overtakes beleaguered Nokia for cellphone lead – April 27, 2012
Wealthy smartphone users more likely to have iPhones – April 2, 2012
Apple iPhone users most open to mobile payments – August 22, 2011
iPhone users smarter, richer, less conservative than Android phone users – August 16, 2011
Apple iPhone users spend significantly more on their credit cards than non-iPhone users – November 5, 2010
Study: Apple iPhone users richer, younger, more productive than other so-called ‘smartphone’ users – June 12, 2009