Report: Apple takes 87.4 percent of all smartphone profits in Q4

In a report that paints a grim picture for mobile phone stock investors, Raymond James analyst Tavis McCourt has told clients that “the great moderation of device growth is upon us,” excluding China. McCourt believes non-Chinese vendors will see “little to no growth this year,” and also pointed out that Apple and Samsung will continue to take more than 100 percent of the profits in the industry (possible when one includes losses from other vendors as negative profit)….