Apple And Samsung Are The Only Ones Making Money On Smartphones

According to ABI research, there are really only two players left in the smartphone game: together, Apple and Samsung ship 55% of smartphones and take 90% of profits. No word on how the other major Android phone manufacturers (HTC, Motorola, LG) are doing, but RIM and Nokia are both on their deathbeds, even though the latter finally came out with an excellent phone:

At this point in the year, Nokia will have to grow its Windows Phone business 5000% in 2012 just to offset its declines in Symbian shipments — Michael Morgan, senior analyst, devices, applications & content at ABI.

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From BusinessWire, via iMore

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