“UBS Investment Research published a note on Thursday in which it estimated that Apple and Samsung will enjoy 90 percent of the mobile handset industry’s earnings before interest in taxes. In addition, the two companies are said to currently account for more than 50 percent of total industry revenues,” Neil Hughes reports for AppleInsider.
“Samsung and Apple’s share of profits are expected to grow as Samsung’s margins are projected to improve to the high teens,” Hughes reports. “Apple’s margins, meanwhile, lead the industry, allowing it to take 75 percent of mobile phone profits with just 9 percent of units sold.”
Hughes reports, “UBS has increased its estimated iPhone sales for Apple’s fiscal year 2013 to 156.5 million, up from its prior estimate of 149.5 million. The firm expects that Apple is preparing to build a record number of sixth-generation iPhones for its biggest product launch ever later this year.”
Read more in the full article here.