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iPhone and BlackBerry Smartphones Take 35% of Operating Profits in Worldwide Market
      #33712 - 07/20/09 05:52 PM

Wall Street Journal has a report stating that Apple and RIM accounted for only 3% of all cellphones sold in the world last year but 35% of operating profits, according to Deutsche Bank analyst Brian Modoff. The disparity will become even starker this year when, he estimates, the two will take 5% of the market in unit terms but 58% of total operating profits.

You can read the full article on the WSJ if you subscribe to the paper or online version.

Barrons blog site, part of WSJ digital network, has reported earlier this month that the Palm Pre is still selling well. "After selling 70,000 units in the first few days of availability starting on June 5, Pacific Crest analyst James Faucette thinks sales have ?normalized? at a rate of 40,000 per week. He thinks that level will be consistent through August assuming an improvement in supply at Best Buy and the rest."

It would be interesting to see where Palm stands in the operating profit calculations this year.




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