iPhone v. Android? Let’s not forget profit margin

author198 Jan 11, 2010

This from Farhad Manjoo in Slate:

In the third quarter last year, Apple sold 7.4 million iPhones. Nokia, meanwhile, sold an order of magnitude more devices—108.5 million phones. Guess what, though? Nokia booked just $1.1 billion in operating profit for all those sales, while Apple, according to the research firm Strategy Analytics, made $1.6 billion.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.