Loading ...Google Chrome now world’s most popular browser
Chrome has overtaken Internet Explorer in worldwide browser usage
Tim Cook tops 2011 executive earnings
Apple’s chief executive took home the highest CEO compensation in 2011
Nasdaq apologises for Facebook trading issues
Chief executive at Nasdaq embarrassed about Facebook’s IPO problems
Kindle 10-inch to launch this year?
Amazon may launch a 10-inch version of its popular Kindle tablet this year
Apple, Samsung share 90 percent of smartphone market profits
| Derrick Cramer | February 6, 2012 | No comments |
Derrick Cramer
Derrick joined MyBroadband in 2011 as a junior journalist with a strong background in computer hardware and gaming - he lives for that new motherboard...
| Full Profile |
Smartphone sales will continue to balloon in 2012, with Apple and Samsung sharing the majority of profits
Much of the projected smartphone market growth for 2012 will be enjoyed by Samsung and Apple.
This is according to UBS analyst Maynard Um, who believes that full year unit sales of cellphones will total 1.69 billion at the end of 2012.
Um also expects industry revenue estimates to increase to $242.8 billion (R1.83 trillion) this year.
Apple and Samsung will account for more than half of the smartphone industry according to Um. He bases this on Samsung posting a record in fourth quarter 2011 earnings, and Apple showing the most profitable quarter in history among technology companies.
“Smartphones continue to grow strongly, now accounting for over 30% of total volumes and over 75% of total industry revenues,” according to Um. “However, the performance disparity between the stronger players – Apple and Samsung – vs. the others remains stark and these two now account for over 55% of industry revenues and over 90% of total EBIT.”
Read the full story at: Boy Genius Report.
