Mobile Phones

Nokia is still the most prolific manufacturer of cell phones in the world, but that's largely because it holds a commanding presence in underdeveloped parts of the world, where it can ship out tens of millions of phones on a regular basis. But these areas of the world don't use powerful smartphones like the US, and Nokia's profit margin isn't anything to write home about

This kind of lazy journalism really gets my goat. Nokia continues to be the single largest manufacturer of smartphones by some margin. Their profit margins might not be comparable with Apple, but then who's are?