Apple reaps 106% of smartphone industry profits
Apple reaps 106% of smartphone industry profits
“Apple has seized everything worthwhile from rivals in the smartphone industry,” Patrick Seitz reports for Investor’s Business Daily.
“Canaccord Genuity analyst Michael Walkley on Monday estimated that Apple took 106% of smartphone industry profits in the third quarter,” Seitz reports. “Its share is more than 100% because other vendors lost money in the business, resulting in Apple…
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