Apple and Samsung earning 95 % Profit from Mobile Market | InfoZonePK

In a report it is stated that two companies which are Apple and Samsung dominating the mobile market are Apple and Samsung. he earning of both of them is 95 % of total mobile market in the fourth quarter of 2011.

According to analysis, Apple took the lead and alone earned 80% of all mobile phone profits in the fourth quarter with just 5% in the third quarter. The company just hold 8.1% of the global mobile phone market.

At the same time, Samsung’s industry profits reduced to 15% from 26%, but its Android customer jumped to 39% from 35%.

In the last quarter of 2011, Apple sold 37 million iPhones, raising its overall earning up to $13 billion. Samsung did’y disclose the number of Smart phones it sold, but analysis suggest the number as high as 35 million.