New research has revealed that Apple and Samsung hold 55 percent of the entire global smartphone market and almost all of the smartphone profits.
Despite multiple players operating in the smartphone market, Samsung’s rise in prominence has led to them being the main challenger to the Apple iPhone (the Korean manufacturer recently became the number one global manufacturer for smartphones and mobile phones) and the ongoing Galaxy vs iPhone battles have led to the two companies rise far above the competition.
The informations comes from ABI Research, who attribute the number one smartphone maker slot to Samsung with 43 million unit shipments in Q1, whilst Apple were in second (35 million) and Nokia came in third (11.9 million).
On the subject of Nokia, ABI Research state that Nokia would have increase Windows Phone Lumia sales by 5000 percent this year to compensate for the decline in Symbian handset sales, which given Nokia’s recent press releases doesn’t seem too likely.
Source ~ Via