ParisLemon

John Gruber:

By profit share, on the other hand, according to Canaccord Genuity analyst T. Michael Walkley, last year Apple took 69 percent of the handset industry’s profits; Samsung took 34. For just the last quarter, the numbers were 72 percent for Apple, 29 for Samsung. You will note that both the annual and quarterly numbers total more than 100 percent; that is because all other handset makers, combined, are losing money. This is rather astounding — Apple and Samsung have together destroyed the rest of the mobile handset industry.

Great piece on defining “winning” and “losing” in the smartphone space. You’d think the amount of money a company makes would be a good metric since it ensures long-term viability of said company. But most of the tech press seems to feel otherwise. Because they’re bored.