Three years for Apple to grab the mobile profits.
Apple produces wonders of the world type technologies and devices which has always left a mark in the heart of the users. With all those Mac computers, iPods, iPads and iPhones, there is always a hush and buzz in the city.
The iPhones took the market to revolution. Based on a survey upon the seven players which includes LG, Motorola, Nokia, Sony Ericssion, Samsung, RIM and Apple, Apple has come a long way from only 1% of profit holder in 2007 to 48% in 2010.
What might be the reason for such a lift? Is it the iPhone4? Can’t say!
LG and Motorola (2%) are incurring lose for many years, Sony (1%), RIM (17%), Nokia (22%), Samsung (10%) are sharing the profits.
Apple is capturing the half of the market. The recession and limited distribution had an effect on the business, which shows dipping business, not for Apple as of now but others are concern.