The ability of Apple to dominate the telecom industry while only selling about nine percent of all handsets comes mainly from its ability to leverage a healthy profit off its products, something most of the other manufacturers are unable to do, according to a new report from Canaccord Genuity analyst Michael Walkley. Apple earned 80 percent of all profits in cell handsets (both feature and smartphone) with an operating margin of 47 percent, about nine times the industry average.
