“In less than four years, Apple went from not making a dime on handset sales to commanding approximately half of the industry’s profits, and is now poised to set the bar even higher by shipping 100 million iPhones over a 12-month span,” Slash Lane reports for AppleInsider. “Although smartphones running Google’s Android OS continue to gain share of total smartphone units sold, when it comes to profits, Apple remains the undisputed king, raking in roughy 50% of the entire handset industry’s net earnings during the first quarter of 2011, according to Canaccord Genuity analyst T. Michael Walkley.”
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“At Verizon Wireless in particular, Walkley said his checks indicated the iPhone 4 was the #1 selling smartphone during June,” Lane reports. “Apple’s iOS installed base is believed to be the key differentiator for Apple, as it runs on the iPad and iPod touch in addition to iPhones. As such, Walkley is modeling the iOS base to rise rapidly from 250 million devices in 2011 to 415 million by the end of 2012, easily outmatching Android to remain the industry’s leading mobile operating system.”
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