Apple Continues to Take More Than Half of Mobile Phone Industry Profits

Submitted by Dan; November 04, 2011


According to a new research report by Cannacord Genuity analyst T. Michael Walkley, Apple once again seized over half of the profits generated by leading mobile phone manufacturers during the quarter, despite a drop in iPhone sales in the third calendar quarter of 2011 as customers held out for the iPhone 4S. The study's estimates Apple ranked in at 52% of the overall profits during the quarter, down slightly from 57% in the second calendar quarter but up from 47% in the year-ago quarter that also had the then-new iPhone 4 on the market. AllThingsD reports on the same note, Walkley predicts that the launch of the iPhone 4S will spur even further growth for Apple, pushing the company to take over 60% of industry profits in the final calendar quarter of 2011. T. Michael Walkley is not the only analyst to routinely release estimates of mobile phone manufacturer profit shares, as asymco's Horace Dediu performs a similar analysis each quarter. Although, Dediu's numbers have typically come in 5-10 percentage points higher for Apple than Walkley's estimates have, but the trends seen by each analyst are certainly consistent. - source: AllThingsD Forbes asymco


Tags: Apple, iphone 4s, Mobile Shares