Tag : LG profit down in q2 2011

Apple Net 66% of Mobile Phone Profits in Q2

Apple has managed to obtain 66.3% of the profits from the mobile phone sector during the Q2 2011.

Horace Dediu of Asymco reports that Q2 has experience a slight decline in entire profit for the sector. But the four companies have failed to gather profits from selling phones like of Nokia, Motorola, Sony-Ericsson and LG. The other companies divide the few profits with Apple by getting two thirds of it (66.3%).

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