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Apple, Samsung earn 90% of mobile handset profits

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In a note to clients — as reported by “AppleInsider” (http://www.appleinsider.com) — USB Investment Research says Apple and Samsung are expected to collectively earn 90% of profits in the mobile handset industry this year.

The two companies’ shares of profits are expected to grow as Samsung’s margins are projected to improve to the high teens. Meanwhile, Apple’s margins lead the industry, allowing it to take 75% of mobile phone profits with just 9% of units sold.

UBS has increased its estimated iPhone sales for Apple’s fiscal year 2013 from 149.5 million to 156.5 million. The research firm thinks the company is preparing to build a record number of next-gen iPhones for its biggest product launch ever later this year.

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