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THE APPLE IPHONE accounts for just four per cent of global mobile phone sales – but makes more than half of the entire industry’s profits.
According to a study by Canaccord Genuity, Apple holds a 4.2 per cent share of the mobile phone market worldwide. However, sales of the iPhone generate 52 per cent of the market’s profits.
Company analyst Michael Walkley said the company could increase its share of industry profits to 60 per cent in the next quarter, the Daily Mail reports.
The study also shows a collapse in profits for former market leader Nokia. According to Forbes, in 2007 Nokia had 67 per cent of mobile phone profits while Apple had four per cent. Now their situations are reversed and Nokia has just four per cent.
Smartphones are by far the most profitable sector of the mobile phone market. Together, Apple and Samsung account for 81 per cent of industry profits.
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Kudos to Ms Staines and to Ms Joyce.
@Fachtna Roe: (that’s from one coder, to two others)
I’m absolutely delighted for those two young ladies. Very well done and I’m sure that they will have great and well-deserved success in their chosen fields of study and work.
Congratulations to those two ladies! Bright futures ahead.
Space, don’t ya just love it …. really well done to the two ladies on their project
On my nightly stroll i can spot the ISS in the sky its the brightest one far brighter than the stars.
What an amazing achievement by those two students. Bravo!
This is the best story I’ve read all week, well done and best of luck in your experiments
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