Report: iPhone grabs 32 percent of smartphone profit
Apple ‘s iPhone may not have the largest share of the smartphone market, but it certainly grabbed a hefty piece of the profits.

According to Bernstein Research analyst Toni Sacconaghi, Apple managed to take 32 percent of the overall profits for the smartphone market. Sacconaghi also said in a research note to clients that Apple achieved that percentage of profit while only accounting for 8 percent of the industry’s (more…)


