“Apple and Samsung are the ones raking in the bucks, says Canaccord Genuity,” Harry McCracken reports for TIME.com. “And Apple is raking in far more of them than Samsung, taking 72 percent of the profit in the last quarter of 2012.”

“Samsung made 29 percent of the industry’s profit — mostly for Android phones, although it also has Windows Phone handsets,” McCracken reports. “Everybody else in the business, including Android-centric makers such as HTC and Motorola, either broke even or lost money — which is why Apple and Samsung’s profits add up to more than 100 percent.”

Smartphone profit share

McCracken reports, “According to Canalys’s data for the first quarter of this year, iOS users are spending much more on apps even if they’re downloading fewer of them overall [iOS has 40% of total app downloads vs. 51% for Android].”

App Store profits iOS vs. Android vs. Other

Read more in the full article here.

MacDailyNews Take: YKBAID.

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