Apple grabs 93% of the handset industry’s profit, report says

New York Times:

Apple’s record-breaking holiday quarter, which brought in $18 billion in earnings, allowed the company to capture 93 percent of the profit in the handset industry, according to a new report from Canaccord Genuity, an investment firm.

Samsung took the rest, but its share is shrinking, the report said.

Apple is doomed.