Infographic on iPhone Popularity vs. others
October 1, 2010 4 Comments
BillShrink has created an awesome looking infographic that puts many facts about the iPhone into perspective. Although, it looks like Apple’s overall share in the mobile phone market is still very low compared to giants such as Nokia and Samsung, but what counts is net profit.
Apple is squeezing more profit from its 2% than Nokia from its 40%. So no, Apple is not concerned at all. I don’t think Apple is concerned about its 2% overall market share. They’ve chosen a niche – and the most profitable one at that – and absolutely nailed it.
In 2009, Apple had revenues of $US36.5b, from which they made $US5.7b profit. During the same period, Nokia had revenues of $US55.2b and posted a net income of $US1.2b.
Seems Apple made almost 5 times the profit off two-thirds the revenue. Probably why their market cap is around $US260 B compared to Nokia’s $US38 B.
Feel free to follow me on LinkedIn | Facebook | Twitter
About Elias Shams
Elias Shams
Kamran Abdi
Tatiana Sorabi
There is room for BMW and room for Ford, room for Four Seasons and room for Courtyard Inn. Both have different market objectives. If they execute on those objectives, they have succeeded. Now, I’d say the answer is yes in the case of Samsung but no with regard to Nokia.
God bless Steve. Legendary CEO. I’m so glad I went all-in on Apple when it was $80
Lte will change the market with rich applications. There is a room for innovation. It will change over a period of time. Social Networking is a key driver. We call it kitchen sink technology to connect every thing.
Elias,
That is an interesting article. I think that profitability today is great, however, if you are not growing market share then the future looks much less promising. Today’s iPhone users, I suspect will not be in the market for another iPhone for at least a couple of years, until they decide if/when they are ready to upgrade. In the interim, new iPhone users will provide new revenues and increased market share, effectively growing the business, which is ultimately the main objective. Clearly, with the iPhone business model, the increased capture of market share doesn’t have to be very large to sustain the business. I imagine there is a point at which slow growth of market capture combined with customer replacements/upgrades becomes self-sustaining, much like it is for Apple computers.