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Apple Widens Lead Over Nokia as Most Profitable Handset Manufacturer

Telephony Online reports on data from research firm Strategy Analytics that places Apple as the most profitable mobile phone manufacturer in the world for the third quarter of 2009. Apple's estimated $1.6 billion profit easily topped Nokia's $1.1 billion take for the quarter.

The firm estimates that Apple's iPhone operating profit came in at $1.6 billion in Q3, while Nokia recorded only $1.1 billion in operating profit. "With strong volumes, high wholesale prices and tight cost controls, the PC vendor has successfully broken into the mobile phone market in just two years," said analyst Alex Spektor in the research note.

Earlier this year, data from 2008 pegged Apple at approximately 20% of the mobile phone industry's total profit despite holding only about 1% unit market share. Nokia was reported to have accounted for 55% of the industry's profit in 2008.

More recently, a separate survey covering the first half of 2009 estimated Apple's share of industry profits at 32% with $2.0 billion in operating profit in its iPhone business. Apple just edged out Nokia's $1.9 billion profit, which accounted for 30% of the total industry profit, in that survey.

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29 months ago
Go Apple! :cool:
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29 months ago
Not a surprise.



Nokia has been sucking for a number of years.
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29 months ago
Hardly a surprise, given what the iPhone's brought to the table. The rest still can't keep up.
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29 months ago
Go Apple :cool:
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29 months ago
Brilliant :apple: :)

...but the competition is heating up; I'm hoping that iPhone OS 4 sees Apple innovate in the areas of notifications and home-screen widgets!
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29 months ago
This Ars Technica article shows another side of this story, Nokia has 37.9% of the worldwide smartphone market share, apple much less. This means that apple makes enourmous profits of the relatively few iphones they sell. As an iphone user I don't know if I should be happy or sad about that, in a way they're kind of exploiting the iphone users.
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29 months ago
What amazes me is how, when the iPhone was launched, Apple's stated goal of capturing 1% of the mobile market in one year seemed like wishful thinking. Many people thought the iPhone would be a niche, a novelty. But once again, Apple has turned an entire industry upside-down.
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29 months ago
Nokia. The Dell of the handset world.
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29 months ago

This Ars Technica article shows another side of this story, Nokia has 37.9% of the worldwide smartphone market share, apple only 7%. This means that apple makes enourmous profits of the relatively few iphones they sell. As an iphone user I don't know if I should be happy or sad about that, in a way they're kind of exploiting the iphone users.


No, it's more like Nokia uses money losing products to gain /maintain market share.

Or that their R&D is completely useless / not cost effective.
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29 months ago

This Ars Technica article shows another side of this story, Nokia has 37.9% of the worldwide smartphone market share, apple only 7%. This means that apple makes enourmous profits of the relatively few iphones they sell. As an iphone user I don't know if I should be happy or sad about that, in a way they're kind of exploiting the iphone users.


Exactly. Funny how people love it when Apple makes a huge profit but hates it when Microsoft or any other company does the same.

But hey.. as a shareholder.. I say Go Apple!! :)
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