Tuesday, June 2, 2009

RIM Takes Over 1/3 Of Cell Phone Industry Profits

Although smart phones represent a small portion of all cell phones sold every year, when it comes to profit, RIM and Apples are going to take the majority in 2009.
RIM did the best on profit growth, increasing its estimated share of industry profits from 8% (2007) to 19% (2008) to 35% (2009). Apple’s share of industry operating profits went from 3% in 2007 to 20% in 2008 and to an estimated 31% in 2009.

Source: Tech Crunch

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