Analyst Expects iPhone And Blackberry To Increase Market Share

Deutsche Bank analyst Brian Modoff expects Apple's (Nasdaq: AAPL) iPhone and Research in Motion's (NYSE: RIMM) Blackberry to grow from 3% of the global cellphone market to 5% while global operating profits will increase from 35% to 58% of profits. Shares of Apple rose $1.16 to close at $152.91 while Research in Motion stock climbed $2.54 to close at $74.97.

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