< / > Click here to embed this graphic on your website
With the recent announcements of 2nd quarter earnings, some incredible data has been released. The cell phone handset industry has sold over $65B in the last 6 months. Of that, 9.7% was pocketed by the companies. It was recently announced that Apple received 32% of the total handset market's profits, equivalent to a whopping $2,038,000,000, all from selling the iPhone.