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Friday, July 29, 2011

Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED


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Friday, July 29, 2011
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Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED

Apple is now the leading phone manufacturer by market share. It passed Nokia for the first time last quarter.

But more impressive: it captured two-thirds of all profits in the mobile phone business last quarter, according to statistics from Asymco.

Another way of looking at it: Apple made about twice as much profit on mobile phones as Samsung, RIM, and HTC did -- combined. Nokia, Motorola, Sony-Ericsson, and LG all saw losses. Read »


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