CHART OF THE DAY: Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED

CHART OF THE DAY: Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED
Matt Rosoff | Jul. 29, 2011, 2:37 PM | 449 | 6

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 more: http://www.businessinsider.com/apple-made-twice-as-much-profit-on-phones-as-everybody-else-combined-2011-7?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2Falleyinsider%2Fsilicon_alley_insider+%28Silicon+Alley+Insider%29#ixzz1TWo0Ss9U


CHART OF THE DAY: Apple Made Twice As Much Profit On Phones As Everybody Else COMBINED