“Research firm Strategy Analytics proclaimed Friday that for the first time in four years, Apple is no longer the most profitable handset maker in the world,” Don Reisinger reports for CNET. “That honor now belongs to Samsung.”
“During the second quarter, Samsung’s global handset operating profits hit $5.2 billion, according to Strategy Analytics,” Reisinger reports. “Apple’s operating profit stood at $4.6 billion.”
Reisinger reports, “Strategy Analytics executive director Neil Mawston [said]… ‘Apple is now under intense pressure to launch more iPhone models at cheaper price-points or with larger screens to fend off the surging competition and recapture lost profits in the second half of 2013.'”
Read more in the full article here.
MacDailyNews Take: Crime pays, especially when justice is perpetually delayed.
[Thanks to MacDailyNews Readers “STL Misery” and “Edward W.” for the heads up.]
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