Apple Has 50% of Smartphone Market Profits

According to an analysis by Canaccord Genuity’s T. Michael Walkley, Apple now captures 50 percent of first quarter 2011 smart phone operating profits among the top 8 OEMs, despite having only 4.9 percent of global handset unit market share.

Apple Has 50% of Smartphone Market Profit Share

Apple Expects to Ship as Many as 21 Million iPhones, as Early as Q2 2011

Apple is telling component suppliers it wants 20 million gto 21 million iPhones for the first quarter of 2011, DigiTimes reports.

Shipments don't equal sales, so it's not a perfect comparison, but for some context, Apple sold 14.1 million in the third quarter of 2010.

Piper Jaffray has a pretty conservative estimate of 12 million iPhones sold for the first quarter of 2011.

Of the 20-21 million phones Apple is ordering, five million to six million will use CDMA, which means they could run on Verizon's network. That gives you some idea of how many Apple believes Verizon Wireless will sell, possibly as early as the second quarter of 2011.

Apple Puts In Order For 20-21 Million iPhones For Q1 2011