If you have been closely monitoring the smartphone business’s highs and lows for the last fiscal, you will probably not be surprised. However, for the uninitiated, the news is finally out. The two major business rivals – Apple and Samsung Electronics have something in common. They are the biggest names in the smartphone industry. According to the latest e-mail report by Canaccord Genuity, Apple and Samsung Electronics together account for 95% of the total handset industry’s profits! This clearly means that both can expect their customer base to swell in numbers, now, all the more.
With its range of stylish and sophisticated products, both Apple and Samsung have easily managed to attract customers. The iOS operating system in Apple and the sure-shot hit trend that was established with the arrival of Samsung Galaxy S II in the markets have surely helped to catapult the success of both the brands.
On the same note, it is important that other smartphone developers should take this news piece as a wakeup call for themselves as they now have to consider the achievement of these companies as a yardstick to measure their success and failure, besides working on their own shortcomings.