Apple's share of the global market in mobile phones -- not just smart phones, but all mobile phones -- has expanded from 3 percent in 2010 to just under 9 percent today. That doesn't quite sound like the dominance you'd expect from the world's most profitable technology company. But then you look at the profit pie, and boom: Apple devours three out of every four dollars of mobile phone profit in the world. From a new quarterly report by Asymco's Horace Dediu (via Fortune):
In January 2006, the iPhone didn't exist. Five years later, iPhones accounted for more than half of the company's $46 billion in revenue and $13 billion in profit over the last 14 weeks of 2011. Here's that graph from Business Insider:
We want to hear what you think about this article. Submit a letter to the editor or write to firstname.lastname@example.org.