Since the launch of the iPhone in 2008, the global smartphone market has grown into one of the most critically important areas of technology today. Especially given the current upheaval taking place in the PC market, this big-ticket trend should only continue for years to come. This budding importance has also made the smartphone space one of the most closely watched areas in all of tech. Fool contributor Andrew Tonner breaks down the second quarter's winners and losers in the video below.

Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonnerThe 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.