Monday Note did a little digging and discovered that the center of money in the computing world has less to do with the PC, and more to do with the smartphone market:
“Apple makes $3B of profit from its iPhone while HP takes in a mere $500M on its PCs—that’s a 6x difference. The Center of Money has shifted.”
HP is one of the leaders in computer manufacturing, yet for all their expertise, they have to be pretty surprised how fast the center shifted.
Tags: emerging tech, iphone
