InvestorsHub Logo
Post# of 147224
Next 10
Followers 17
Posts 9846
Boards Moderated 1
Alias Born 07/02/2003

Re: None

Friday, 07/29/2011 7:23:16 PM

Friday, July 29, 2011 7:23:16 PM

Post# of 147224
Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED


Matt Rosoff | Jul. 29, 2011, 2:37 PM


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.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AAPL News