Monday, August 6, 2012

Apple, Samsung take 108% of handset profits -- wait, what?





The Galaxy S III and the iPhone 4S stand apart from the rest of the field.




(Credit: CNET)

Apple and Samsung Electronics' lead over the rest of the handset field only widened in the second quarter, with the two companies combining for a staggering 108 percent of the industry's operating profit.




How can two companies exceed the 100-percent mark? When several of the other companies, including Research in Motion, Nokia, Motorola, and Sony, posted hefty operating losses in the period.




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