iPhone soaks up 75 percent of all mobile phone profits

Apple holds only a 9 percent share of the global mobile phone market but it grabbed 75 percent of the industry’s overall profits last quarter, according to data from Asymco.

Read this blog post by Lance Whitney on Apple.

Source:
http://news.cnet.com/8301-13579_3-57371790-37/iphone-soaks-up-75-percent-of-all-mobile-phone-profits/

Google And Facebook Spent Record Amounts On Lobbying In Q2 2011

It looks like both Google and Facebook spent record amounts on lobbying in the second quarter of 2011, as evidenced by the most recent disclosure reports filed in the U.S.

Senate’s lobbying database.

Similar to last quarter, Google’s lobbying spend hit an all-time high, with spending coming in at $2.06 million, a 54 percent increase from the same period a year ago. Last quarter, Google shelled out $1.48 million on lawmakers. The search giant sp

Source:
http://techcrunch.com/2011/07/21/google-and-facebook-spent-record-amounts-on-lobbying-in-q2-2011/