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Apple and Samsung now account for 55% of the global smartphone market

ABI Research says 90% of smartphone profits are claimed by the two companies

Figures from ABI Research show that smartphone shipments grew 41% year-on-year to 144.6 million during the first quarter of 2012. However, this market is now dominated by two companies: Samsung and Apple accounted for 55% of global smartphone shipments in Q1 2012 and over 90% of the market’s profits.

The report notes that Nokia’s smartphone shipments fell by 40% from the previous quarter, which means it could soon be overtaken by RIM despite BlackBerry shipments also declining sequentially.

Author: The Fonecast
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