Monday, 20 July 2009

Apple and RIM are profit cows

5 % market makes total of 58 % operating profits

Wall Street Journal: Smart indeed

The two accounted for only 3% of all cellphones sold in the world last year but 35% of operating profits, according to Deutsche Bank analyst Brian Modoff. The disparity will become even starker this year when, he estimates, the two will take 5% of the market in unit terms but 58% of total operating profits.

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