Sure we knew that Apple had sold a lot of iPhones, but a report from Strategy Analytics today has confirmed that Apple has just passed Nokia to become the world’s most profitable handset manufacturer. Alex Spektor, Analyst at Strategy Analytics, said, “With strong volumes, high wholesale prices and tight cost controls, the PC vendor has successfully broken into the mobile phone market in just two years.” Neil Mawston, director of the Wireless Device Strategies service at Strategy Analytics, believes that Nokia must do better in the U.S. market if it wishes to recover, adding, “A successful fight on Apple’s high-profit home turf can simultaneously help to revitalize Nokia’s margins and to put a check on Apple’s surging growth.”
Whether your love or hate Apple and the iPhone at this point, it looks like they’ll both be here to stay in the smartphone community for some time.
[via iLounge]
