We’re well into the year having crossed the mid-point of 2009 already, and here are some interesting figures released by Deutsche Bank analyst Brian Modoff to the Wall Street Journal. Basically, it’s a comparison between the market share and profit of several renowned mobile phone companies.
It comes as no surprise that Nokia has the most market share and profit among the bunch, but what caught our attention is RIM and Apple’s performance. Clearly, they don’t have the market share that others are currently enjoying, only 3% to be exact, but they still managed to rake in a pretty decent 35% profits. That’s good enough to even best out both Samsung and LG who are selling more phones than RIM and Apple combined. This is truly a testament to how successful both companies have been despite being the underdogs in the industry. On the other end of the spectrum, both Motorola and Sony Ericsson can boast of their decent market share, but their profits are seriously in dire straits.
With RIM having a veritable line-up of upcoming handsets including the Storm 2, Magnum, and Bold 9020 Onyx and Apple just recently releasing their latest iPhone, there’s nowhere for their market share and profits to go but further up the ladder. We highly doubt they can overtake LG at the no. 3 spot as far as market share is concerned, but as far as profits goes, well, that’s a totally different story altogether.
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