Apple: World's Most Profitable Mobile Manufacturer

According to tech research firm Gartner, Apple sold over eight million mobile handsets in 1Q 2010 for a 2.7% share of the market and ranks 7th on the leaderboard (hat tip to MacRumors.com).

Nokia is in the first spot with over 110 million units sold in the first quarter.

However, Apple’s iPhone sales add up to over $5 billion, while all of Nokia’s unit sales across its many models accounted for $9 billion.

More telling is that according to some estimates, the profit on the iPhone alone exceeds all of Nokia’s devices.

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