Apple iPhone More Profitable Than Nokia
We’ve said it before and we’ll say it again, market share and profit share aren’t the same thing, and just to prove that point, it looks like Apple’s iPhone has shot passed Nokia to become the most profitable handset on the market. Says Telephony Online:
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 …