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iPhone grabs 32% of global handset profits August 11, 2009

Posted by andre in Mobile & Gadgets.
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Apple’s iPhone now accounts for 8% of all mobile phone revenue and a whopping 32% of the industry’s handset profits, according to figures published by Bernstein Research analyst Toni Sacconaghi.

The numbers, published by All Things Digital blogger John Paczkowski, aren’t limited just to the smartphone segment market, but look at all mobile phones sold in the first half of 2009, a $65.7 billion industry.

Apple earned just over $5 billion in the first half of the year, making it the fifth biggest player in terms of revenue, behind Nokia, Samsung, RIM, and LG. Apple lead the world in actually making money however, with just over $2 billion in operating profits. The company earned just over $100 million more than second place Nokia, gobbling up a 32% share of the global profits made in handset sales and achieving operating margins of 40%. […]

Apple’s smartphone business is structured similar to the company’s approach to selling computers, where it owns a disproportionally large segment of the premium market. As with feature phones, Apple has largely ignored low profit PC segments such as high volume but low priced $400 desktops.

via Report: iPhone grabs 32% of global handset profits | Ethiopian News

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