Xoj on 22 January 2010
| Grimes said: As far as the business end is concerned, Apple is the Nintendo of the cell phone world. It's making huge profits while the other companies are struggling. Every iPhone probably makes a couple hundred dollars of profit each. While a crappy prepay phone may make a dollar profit. Each is counted as a phone sale, but one iPhone sale can be as valuable as several hundred crappy phones. |
actually it's nokia, with around 400 million phones sold each year 70-80% are smartphones.
they lost money last quarter but thats due siemens network, their phone division was profitable.
