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Cannacord: Apple takes 53% of smartphone profits, Samsung has 50%, remainder lose money

“The latest data from Cannacord analyst Michael Walkley shows that Apple took 53 percent of smartphone profits in the second quarter, down from 57 percent in the first quarter, and 69 percent in 2012,” Neil Hughes reports for AppleInsider.

“Samsung, meanwhile, has seen its value share steadily grow, from 34 percent in 2012, to 43 percent in the first quarter of 2013. Now, in the second quarter of the year, Samsung took 50 percent of the smartphone industry profits, according to Walkley’s research,” Hughes reports. “As has been the case in the past, Apple and Samsung are still estimated to account for more than 100 percent of the smartphone industry’s profits. That’s because all other companies are either break-even, or they experienced losses.”

Hughes reports, “Nokia, HTC, LG and Sony Ericsson all saw revenue share of 0 percent in the second quarter, Walkley found. That was still better than BlackBerry, which has a negative 1 percent share, or Motorola, with negative 2 percent.”

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