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Apple

Submission + - Apple now makes more money from phones than Nokia

lelitsch writes: According to a market research company, Apple operating profit from the iPhone was $1.6 billion last quarter while Nokia recorded $1.1 billion.
Obviously, Nokia still sells vastly more phones than Apple, but with these profits, Apple can spend vastly more money on improving the iPhone than even Nokia can on their flagship model and completly bury Palm's R&D spending.

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