Apple and Samsung collectively account for over 90% of smartphone profits

"Although smartphone shipments grew 41% year-over-year to 144.6 million as of the quarter ending March 2012, many smartphone OEMs are not enjoying the benefits of a rapidly expanding market. Samsung and Apple captured 55% of global smartphone shipments in 1Q’2012 and over 90% of the market’s profits.  The question remains: can anyone break away to become a strong third in this market?"

Source:  Data from ABI Research, reported in a press release, 15th June 2012