Report shows three quarters of mobile phone profits belong to Apple

Augmented reality mobile marketing

Though Apple currently holds a share of approximately 9 percent of the worldwide mobile phone, a recent report by Horace Dediu, an analyst from Asymco, has shown that its profits and sales are significantly greater, having taken in 75 percent of all of the mobile industry’s profits in the last quarter of 2011. The remainder of the profits in Q4 of 2011, according to Asymco, went to Samsung (16 percent), RIM and its BlackBerry (3.7 percent), HTC (3 percent), and Nokia (1.8 percent). All told, the profits received by the…

Read More