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Why Apple, Samsung's phones sit atop piles of cash (FAQ) | Mobile - CNET News: 'Apple and Samsung accounted for 95 percent of the industry's profits in the fourth quarter - with Apple generating 80 percent by itself - as the rest of the players struggle for the scraps. Canaccord Genuity analyst Mike Walkley said yesterday that their percentage could rise even higher in the first quarter.
Just five years ago, Nokia and Research in Motion - two companies now desperately looking for a comeback - were the ones gobbling up the industry's profits. The radical change in leadership illustrates the rapid shifts in the business, which is even more dependent than ever on consumer tastes and technical trends. Titans today are paupers the next.'
This is a great example of why the government shouldn't pick winners and losers -- Even a great pick can quickly become a bad pick.
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