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dtrouton's Avatar
Posts: 31 | Thanked: 19 times | Joined on Oct 2009 @ Edinburgh
#14
Originally Posted by cb474 View Post
Did you read my second post in this thread, where I explained the difference between operating profit and net profit? (http://talk.maemo.org/showpost.php?p=372159&postcount=7) Apple did in all probability make more money than Nokia last quarter on handsets. ]
I did read it, and it's a good point, but I think they aren't making a fair comparison (if you read my previous post). I can see where they get 1.6 billion US figure for Apple, but the 1.1 billion figure for Nokia doesn't make sense. I can't for the life of me see how they came to that number. It would suggest Apple have a margin of $200 per unit and nokia $10 per unit. I'm sure apple make vastly more per unit, but not *that* much. For this to be true Nokia's operating cost per quarter would have to be ~350 million, which on sales of 10 billion would be pretty remarkable!

I suspect the numbers are close, but I can't see how apple would have made almost 1.5 times the profit Nokia did without Nokia Mobile posting a huge overall loss.

At the end of the day, comparing the full businesses, Apple posted a 1.6 billion dollar profit, Nokia a 500 million loss, but with over a billion lost from Nokia-Siemens infroastructure group. Nokia mobile posted a profit of ~850 million US I think. Are iPhone handset sales really more than all Apple's other businesses combined? I just can't see it.

The only fair comparison is the units sold and money made from that. 7.5m units for 4.5 billion for Apple, and 100m units for 10 billion for Nokia. The other figures are pure guesswork. (and I think that figure is impressive enough in Apple's favour).

As for Maemo being left in the dust by android, I think with the information currently available it's a fair guess. Maemo will be only a section of Nokias business, while Android will transition to absorb most handsets from several manufacturers. Nokias business will split between Symbian and Maemo. I think it really does remain to be seen how Android does vs Symbian in developing markets though -- those are really the only two options in that sector.