Analyst: Apple had 57% of Q2 handset profits

Dylan McGrath, EETimes
8/1/2011 6:17 PM EDT

SAN FRANCISCO—Despite holding only 5.4 percent share of the global handset market, Apple Inc. was responsible for a whopping 57 percent of all cellular handset operating profits in the second quarter, up from 51 percent in the first quarter and 41 percent in 2010, according to T. Michael Walkley, an analyst at Canaccord Genuity.

Click here to read more ...