How Much Do Two Companies Dominate Smartphones?

If you’ve wished for more variety in the smartphone market, good luck…it’s tough for manufacturers to compete. Bgr.com reports that for the last 6 years, Apple and Samsung have accounted for 88% of all mobile phone profits!

Best Buy and 7-Eleven are making waves in mobile payments. Gigaom.com says they are shutting down near field communications used by Isis and Google. Both are part of a group of big retailers called Merchant Customer Exchange, that uses bar code readers like Starbuck’s.

Samsung is rumored to be working on a Gear 2 smartwatch with a sim card, according to techcrunch.com. It would initially be exclusive in their native Korea. With this Gear 2 you could make calls without being tethered to a smartphone. It’s been a long time coming, but if Dick Tracy were around, he’d finally be getting something even better than his 2-way wrist radio or TV!

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