The global smartphone industry has absolutely exploded into one of the most important segments in all of consumer tech today. And, although the competition in this space has never been fiercer, as names like Nokia and Blackberry attempt to regain their long-lost footholds, it's becoming increasingly apparent that the handset space truly belongs to Apple (NASDAQ:AAPL) and Samsung. Although the first half of 2013 has seen many new and competitive offerings come to market, it's clear that the Apple/Samsung duopoly is as robust as ever. Taking a look at the smartphone industry from the lens of what matters most, profits paint quite the picture.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter @AndrewTonner. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.