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Do you think there is a fixed "profit" out there for the taking?

Definitely not. But I do think that there's been incredible growth in Nokia's core business, and they haven't seen any of the growth.

Apple has been able to do this in four markets now:

1) iPhone -- a carrier subsisized market.

2) iPad -- see (3)

3) iPod -- Large margins based on industry leading large volume.

4) Computers -- Expensive niche product with huge margins. I believe the are the single most profitable computer company (if you look just at their computer division).

Why is a comparison based on profit disturbed? In business that's pretty much the only thing that matters. Profit yesterday, today, and tomorrow.




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