Wednesday, July 14, 2010
Apple Makes More Profit Than All the Rest of the Handset Industry
Since getting into the mobile handset business with its iPhone, Apple has blown away the whole rest of the handset industry in earnings (before interest and taxes), according to a new analysis by Goldman Sachs analysts.
The other angle is that the rest of the suppliers have lost earnings momentum precisely as Apple has grown.
At the moment, Apple likely accounts for about 58 percent of the mobile handset industry's annual earnings.
That's shocking, and a measure of Apple's new stature.

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