Surprise, Apple and RIM actually make a lot of money despite selling only 3 percent of the world’s mobile phones. Together, they pull in 35 percent of the industry’s operating profits. An analyst suggests that if iPhone and BlackBerry’s marketshare climbs to 5 percent, they’ll rake in something like 58 percent of the industry’s operating profits.
Man, Nokia’s billion phone strategy don’t look so great now does it? [WSJ]