Was iPhone More Profitable Than Nokia Handsets Last Quarter? -- Blog vs. Blog!

Last we we covered the analyst accounts that Apple's iPhone was more profitable than Nokia's handsets. Since Apple makes high margin on one premium phone, while Nokia has a range of featurephones and smartphones, including low-to-no margin ones, it didn't seem too unlikely. Joe Wilcox, however, broke out his abacus and begged to differ, saying no they weren't, and everyone was stupid for thinking they were. John Gruber then tapped Calculator on his iPhone, looked at GAAP (Generally Accepted Accounting Principles) and non-GAAP numbers, and saying the estimates were likely accurate. Wilcox updated his original post, decrying the use of non-GAAP numbers, and re-asserting his original conclusion.

Who's side are we on? Why, the audiences' of course, with popcorn, hotdogs, and spicy drink in hand. It's not like either Apple or Nokia give us a cut of the winning profits, and though we love our iPhones a lot, we'll take a blog v.s blogfight any time.

Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.