iPhone Secured 20% Profit Share of Mobile Phone Industry?
The Wall Street Journal (via MacRumors) published a report stating that while Apple’s iPhone, and RIM’s BlackBerry make up only 3% of mobile phone sales last year, yet snatched a whopping 35% out of total market profits. If we talk about iPhone only, it secured just 1% of total mobile phone sales but brought Apple 20% out of total Mobile Phone Market Profits.
Deutsche Bank analyst Brian Modoff says:
The disparity will become even starker this year when the two will take 5% of the market in unit terms but 58% of total operating profits.
Palm Pre is seen as something of a wild card , depending on distribution reach and developers support. From the graph we can easily tell that Mobile Phone industry Giant: Nokia can compete due to economies of scale.
Apple’s Q3 results are going to be announced on July 21, at 5pm ET. We will kep you informed about iPhone results discussed in that conference.
Tags: Apple, Apple Profits, iPhone, iPhone News
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