Canaccord Genuity

Apple v Samsung fight for mobile profits intensifies

For some time, whenever Android proponents argued for the platform’s dominance based on handsets shipped, Apple fans would counter by pointing out the iPhone was tops in profits.

Indeed, a new report shows Apple had more than half of all mobile profits during the first quarter of 2013, leading Android handset rival Samsung.

According to Canaccord Genuity, the iPhone maker came away from this year’s first period with 57 percent of mobile phone profits, despite having just eight percent of the worldwide handset market share.

By contrast, South Korea’s Samsung – which leads in market share – earned just 43 percent of the share of profits. However, the two companies could soon switch positions. The analyst firm claims iPhone sales will be weak in the upcoming June quarter, overshadowed by profits fueled by Samsung’s new Galaxy S4…

Apple, Samsung took 103% of 2012 handset profits

We have often written how the handset market is essentially a duopoly of operating systems – iOS and Android – as well as brands: Apple and Samsung. Yesterday came even another way the two are dominating the mobile world – profits. Apple and Samsung accounted for 103 percent of handset profits in 2013, a figure made possible by the zero or negative growth by six of the eight leading handset makers. Apple held 69 percent of handset profits earned in all of 2012, more than double that of the South Korean Samsung, which hauled in 34 percent of phone profits last year, according to Canaccord Genuity…