Apple Blows Away Competition with 75% of All Mobile Phone Profits

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Although Apple (NASDAQ:AAPL) isn’t the world’s largest phone manufacturer, the company still tops the chart for the industry’s biggest money-makers. According to Asymco analyst Horace Dediu, Apple claimed 75% of profits across the mobile phone industry in the fourth quarter last year even though the company only has a 9% market share worldwide. Samsung placed a distant second with 16% of industry profit while RIM (NASDAQ:RIMM) followed in third at 3.7%, then HTC with 3%, and Nokia (NYSE:NOK) rounding out the top five at 1.8%. In total the mobile phone industry had profits of $15 billion for the last quarter of 2011.

The heavy demand for Apple’s iPhone 4S helped catapult the company to success. Apple accounted for nearly 40% of the cell phone industry’s total revenue. Samsung captured 25% of sales, Nokia with 12.6%, and RIM at 8% according to Dediu. Apple also saw its market share nearly double over the same quarter in 2010. This year research firm IDC reported that Apple jumped to third place with a fourth quarter market share of 8.7% compared to 4% last year.

In Q4 Apple sold a record-breaking 37 million iPhones, easily stomping on the average analyst expectation of 30 million. The reports from Asymco and IDC take into account all mobile phones, not just smartphones. According to CNET smartphones make up 30 to 40% of all mobile phones worldwide.

Here’s how these mobile phone stocks closed the week:

Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $493.42, up $0.25, or 0.05%. They have traded in a 52-week range of $310.50 to $497.62. Volume today was 22,546,425 shares versus a 3-month average volume of 12,549,000 shares. The company’s trailing P/E is 14.04, while trailing earnings are $35.14 per share.

Nokia Corporation (NYSE:NOK): NOK shares recently traded at $4.96, down $0.11, or 2.17%. They have traded in a 52-week range of $4.46 to $9.42. Volume today was 32,574,202 shares versus a 3-month average volume of 30,258,000 shares. The company’s trailing earnings are $-0.41 per share.

Research In Motion Limited (NASDAQ:RIMM): RIMM shares recently traded at $15.44, down $0.46, or 2.89%. They have traded in a 52-week range of $18.02 to $70.54. Volume today was 14,818,244 shares versus a 3-month average volume of 23,668,900 shares. The company’s trailing P/E is 3.64, while trailing earnings are $4.25 per share.

To contact the reporter on this story: Ashley Cloninger at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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