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Friday, 11/04/2011 12:01:19 PM

Friday, November 04, 2011 12:01:19 PM

Post# of 28442
Apple Takes Half; Nokia Relegated
Apple earns more than half of all industry profits among mobile handset OEMs according to a monthly analysis of the market by Canaccord Genuity technology analyst Michael Walkley. “Apple generated a remarkable 52% of handset industry operating profits among the top 8 OEMs.” This represents a 5% increase over the third quarter of 2010, when Apple’s share of industry operating profits was 47%.

In an epic reversal of fortunes, Mr. Walkley pointed out that in 2007, Nokia had 67% of operating profits while Apple had just 4%. Today, while Apple has 52% of industry profits, Nokia has been relegated its rival’s former position with just 4% of operating profits.

http://www.forbes.com/sites/canaccordgenuity/2011/11/04/apple-takes-half-nokia-relegated/

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