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Thursday, November 14, 2013

Apple And Samsung Take 109% Of The Smartphone Industry's Profits While Everyone Else Loses Money

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Apple And Samsung Take 109% Of The Smartphone Industry's Profits While Everyone Else Loses Money

There are only two companies making money selling smart phones — Apple and Samsung. Every one else is losing money. This leads to Apple and Samsung collecting an astounding 109% of the industry's profits, according to Canaccord Genuity analyst Michael Walkley.  


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