Apple And Samsung Hog All The Profits And Then Some

I don’t really understand the math, but I think the reasoning is that since every other manufacturer is running an operating loss, then Apple and Samsung have a right to claim that as a gain…I think. Weird, new math…geez.

According to Canaccord analyst Michael Walkley, who says, “Apple and Samsung once again dominated handset industry operating profits and combined to capture a remarkable 108% of Q2/14 handset industry profits as other leading OEMs such as BlackBerry, Nokia/Microsoft, and Sony posted operating losses or near breakeven results.”