The smartphone business has come down to a two-horse race: Apple vs. Samsung Electronics.
The companies are the only two that matter, at least from a profitability perspective. Combined, Apple and Samsung accounted for a stunning 95 percent of the handset industry's profits during the fourth quarter, according to a study Canaccord Genuity sent out by email.
By itself, Apple accounted for 80 percent of the profits in the period.
Profitability is a crucial measuring stick for handset makers, and hold significant sway on how companies approach the business and the kinds of products they device. A big profitability … Read more