“Apple is estimated to have taken in 52 percent of the handset industry’s operating profits last quarter, despite only having a 4.2 percent global handset market share,” Neil Hughes reports for AppleInsider.
“Analyst T. Michael Walkley with Canaccord Genuity issued a note to investors on Friday in which he estimated Apple took more than half of the industry’s operating profits in the third quarter of calendar 2011,” Hughes reports. “That’s a 5 percent increase from the third quarter of 2010, when Apple’s share of industry operating profits was 47 percent.”
Hughes reports, “In fact, Apple’s growth in profit share came even as Apple lost market share. The iPhone dipped from a 5.4 percent market share to its current 4.2 percent as Samsung is estimated to have led the industry in smartphone shipments for the quarter, though its profits shrank.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]