July 20, 2009

iPhone, BlackBerry tracking to take 58% of 09 wireless handset profits

Jim Harris

BlackBerry-maker Research In Motion and Apple’s iPhone are tracking to take 58% of the wireless handset profits this year, according to Deutsche Bank analyst Brian Modoff.

In 2008 RIM and Apples accounted for only 3% of cellphones sales globally but 35% of all operating profits, according to the WSJ. The current trajectory indicates 5% of handsets for 2009 and a staggering 58% of total operating profits.

For the full article see http://moconews.net/article/419-iphone-blackberry-on-pace-to-account-for-58-percent-of-the-industrys-pr/

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