November 11, 2009

While Rivals Jockey For Market Share, Apple Bathes In Profits

The bottom line : Apple, with 2.5% of the mobile market, $1.6 billion in operating profit off of the iPhone in Q3. Nokia, with their 35% market share, made $1.1 billion.

Apple is now the most profitable phone maker in the world.

Link — 1:08pm
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