Some Things Haven't Changed: Apple and Samsung Own 90% of Device Earnings

For at least the past year, it has been clear that Apple and Samsung are disproportionately accounting for handset earnings.

In its latest report about the state of the handset industry, UBS noted that Apple and Samsung together are taking over 50 percent of revenue in the handset industry, but perhaps 90 percent of the profit.

Smart phones now account for over 30 percent of shipments, and over 75 percent of total industry revenues.