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Apple (AAPL) Captured 106% of Smartphone Industry Profits in Q3 - Canaccord Genuity

November 21, 2016 1:10 PM EST

In a note earlier on Apple (NASDAQ: AAPL), Canaccord Genuity analyst Michael Walkley noted the iPhone maker captured 106% of industry profits during Q3, up from 75% in Q2 due to Samsungs significant profit decline following the Galaxy Note 7 recall.

"We believe the iPhone... More