With just 4% of mobile market, Apple owns 52% of profits

. Apple's iPhone accounted for just 4.2% of the mobile handsets shipped in the third quarter of 2011, but the company still managed to rake in more than half of the industry's profits. Among the eight top cell phone vendors in the world, Canaccord Genuity analyst Mike Walkley said Apple accounted for 52% of total operating income between them. The figure is down from 57% in the second quarter. Samsung accounted for 29% of profit among top vendors, up from 18% in the June quarter, and HTC accounted for 9% of total operating income. RIM's value share slid to 7% from 11% in the prior quarter, and Nokia dipped three points to 4%.


Boy Genius Report, With just 4% of mobile market, Apple owns 52% of profits