Apple Stomps Over Nokia to Become Most Profitable Phone-Maker in US

Despite being in the game for just over two years, gaining only a 2.5% national marketshare and selling only one main model at a time, Apple is now the most profitable maker of phones in the US market, taking the lead spot from Nokia. Apple's operating profit was half a billion dollars more than Nokia's this summer, mostly due to a high profit margin on smartphones—Nokia barely competes in the States in the smartphone category. Nokia doesn't seem inclined to initiate the kind of aggressive push into the US (they're mostly focused on their native Europe) that would be required to compete, so it looks like Apple will continue to sleep on giant beds of cash. It ends up in Remainders because this kind of thing is really only pressing news to Apple shareholders and the kind of weirdos that watch CNBC. [Electronista]