Investors.com reported on the mobile market in Q4 of 2013.
Apple and Samsung continue to soak up all the industry’s profits, McCourt says. Apple claimed 87.4% of phone earnings before interest and taxes in the fourth quarter, he said. Samsung took in 32.2% of industry profits. Because their combined earnings were higher than the industry’s total earnings as a result of many vendors losing money in Q4, Apple and Samsung mathematically accounted for more than 100% of the industry’s earnings.
Based on the reported figures, Apple and Samsung took in about 120% of the profits. The competitors are making huge losses.
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