In spite of its iPhone shortfall, Canaccord's Mike Walkley estimates Apple (AAPL) took in 52% of...

|About: Apple Inc. (AAPL)|By:, SA News Editor

In spite of its iPhone shortfall, Canaccord's Mike Walkley estimates Apple (AAPL) took in 52% of mobile phone industry profits during calendar Q3, up from 33% in Q4 '09. Nokia's (NOK) profit share is estimated to have fallen to just 4%, compared with Q4 '09's 39%. Walkley thinks Apple could command 60% of industry profits in calendar Q4, thanks to strong iPhone 4S sales. (previously)