Market share is low, profits are through the ceiling

A friend posted on LinkedIn a link to: Apple Has Last Laugh: Android Leads Sales, but Cupertino Most Profitable Handset Maker which starts with:

----------
Don’t cry too hard about Android’s ascension as king of smartphones and Apple losing a few share points. The Cupertino, Calif. company is crying — but it’s all the way to the bank. Although Apple has just 4.2 percent of the entire cell phone market – not just smartphones – the company pulls in 51 percent of the profit.

----------


Apple is doing great.  It is still mind boggling to me that Apple is now worth more than Microsoft.